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Chiteji co-edits Wealth Accumulation and Communities of Color in the United States

January 3, 2007

Associate Professor of Economics Ngina S. Chiteji is co-editor of Wealth Accumulation and Communities of Color in the United States (University of Michigan Press, 2006).

According to the publisher, Wealth Accumulation uses interdisciplinary research about wealth and wealth management, taking into account such factors as gender and class and the social and political implications of wealth distribution among various groups.

The book is divided into four main sections: "Measurement & Methodology," "Intragroup Inequality," "Data; Information About Specific Communities of Color," and "Wealth Effects Communities."

Chiteji and wrote the introduction and overview with co-editor Jessica Gordon Nembhard. In addition, Chiteji collaborated on the chapters "Estimating the Effect of Race; Ethnicity on Wealth Accumulation; Asset-Ownership Patterns" and "Financial Marketplace Participation; Pension Holdings Over the Life Course."

"No other book or research report covers as many groups of color as appear in this volume, devoting chapters to African Americans, Latinos, Native Americans, Asian Americans, and Native Hawaiians," writes Michael Sherraden of Washington University in St. Louis, who calls the book "a noteworthy achievement."

More at the publisher's Web site

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