Return to Being Black, Living in the Red: A Race Gap in Wealth That Goes Beyond Social Origins. Alexandra Killewald, May 9, 2013, Paper.  "In the United States, racial disparities in wealth are vast, yet their causes are only partially understood. In Being Black, Living in the Red, Conley (1999) argued that the sociodemographic traits of young blacks and their parents, particularly parental wealth, wholly explain their wealth disadvantage. Using data from the 1980–2009 waves of the Panel Study of Income Dynamics, I show that this conclusion hinges on the specific sample considered and..." May require purchase or user account. Link