Dr. Dalton Conley (NYU)
April 1, 2011 (Friday)
12:30 – 2:00pm
Ralph & Goldy Lewis Hall / RGL 101 (Auditorium)
RSVP: Vicki Valentine VictoriV@usc.edu
BIO:
Conley is one of the most formidable researchers in sociology and public policy, particularly in the areas of race and class. Conley is the recipient of the Waterman Award, and the second social scientist after Larry Summers, to win this award. He is a frequent contributor to the New York Times and his work has been featured in the Washington Post, Los Angeles Times, NPR, and on Today, 20/20 among others.
Dalton Conley is University Professor and Dean for the Social Sciences at New York University. He is also Adjunct Professor of Community Medicine at Mount Sinai School of Medicine and a Research Associate at the National Bureau of Economic Research (NBER). He also serves as a Senior Advisor to the UN Millennium Project.
“US Wealth Mobility and Volatility in Black and White”
ABSTRACT:
Despite wealth being central to upward economic mobility and financial security, we know very little about the wealth transmission process. The current paper documents intra- and inter-generational wealth mobility and volatility in the United States among blacks and whites using data from the Panel Study of Income Dynamics. To this end, we attempt to answer four questions:
1. How hard is it for individuals who begin from a position of low wealth in childhood to obtain a position of high wealth in adulthood?
2. How able are individuals to hold onto wealth during their prime working years of adulthood?
3. How do wealth mobility (and security) dynamics differ by race?
4. How does health and health insurance status contribute to wealth volatility?
April 1, 2011 (Friday)
12:30 – 2:00pm
Ralph & Goldy Lewis Hall / RGL 101 (Auditorium)
RSVP: Vicki Valentine VictoriV@usc.edu