Race-based police violence impacts wealth of Black families, study finds

Financial decision-making for Black individuals can be dealt a major blow by race-based police violence, new research suggests, offering insight into the far-reaching effects of police brutality. The study, titled “Race, Police Violence, and Financial Decision-Making,” examined detailed American data on home ownership and contributions to a pension plan—using statistics broken down by ZIP code—as well as information on fatal police encounters. The analysis suggests police violence negatively influence financial decision-making for Black individuals, even when they are not directly involved in the incidents. “We find that when a member Read More