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Asset Values Surged during the K-Shaped Recovery
Abstract: Average wealth rebounded sharply for Black, white and Hispanic families in the aftermath of the COVID-19 recession. But the gains in asset values varied greatly among these families.
Keywords: COVID-19; racial inequality; asset values;
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https://www.stlouisfed.org/on-the-economy/2021/august/asset-values-surged-k-shaped-recovery
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Provider: Federal Reserve Bank of St. Louis
Source: On the Economy
Publication Date: 2021-08-17