Jermaine Toney

Jermaine Toney is an economist in the Edward J. Bloustein School of Planning and Public Policy whose research focuses on finance, family, and health, with emphasis on the distribution and stratification of various socio-economic indicators, such as wealth, income, and education and the transmission of socioeconomic status across generations. He earned his Ph.D. from The New School for Social Research.

Publications:

• How Extended Family Mental Health Issues Influence Household Portfolio Allocations; https://link.springer.com/article/10.1007/s11150-023-09666-6

• Is There Wealth Stability Across Generations? Evidence from Panel Study; https://onlinelibrary.wiley.com/doi/10.1111/coep.12581

• Economic Insecurity in the Family Tree and the Racial Wealth Gap; https://link.springer.com/article/10.1007/s43253-022-00076-5

Media Appearances/Speaking Engagements:

• Brandeis University, Heller School for Social Policy and Management, Waltham, MA . Invited to present two papers "Racial Housing Covenants: The Case of a South City" and "Analytic Approaches to Measuring the Black-White Wealth Gap" at the school's seminar. October 2023

• Association for Public Policy and Management Annual Meeting, Atlanta, GA. Invited to present “Analytic Approaches to Measuring the Black-White Wealth Gap.” November 2023 (forthcoming)

• American Economic Association/Allied Social Science Associations Annual Meeting, San Antonio, TX. Invited to present “Analytic Approaches to Measuring the Black-White Wealth Gap.” January 2024 (forthcoming)

Previous Organizations: 

• National Science Foundation Postdoctoral Research Fellow, Charles H. Dyson School of Applied Economics and Management, Institute for Behavioral and Household Finance (IBHF), Cornell University

• Adjunct Professor, Queens College, City University of New York, Department of Economics

Accomplishments:

• National Bureau of Economic Research Postdoctoral Fellow, Racial and Ethnic Disparities in Economic Outcomes, 2023-2024

• Rutgers University, The Institute for the Study of Global Racial Justice, New Brunswick, New Jersey. Early Career Faculty Fellow, 2022-2023

• Russell Sage Foundation and Bill and Melinda Gates Foundation Early Career Award (Pipeline Grants Competition), 2020.

Upcoming Projects:

• Racial Housing Covenants: The Case of a Southern U.S. City; https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4607196

• Long-Run Effects of Historic Red-Lining on Contemporary Racial Disparities in Home Mortgage Loan Denial Rates

• Analytic Approaches to Measuring the Black-White Wealth Gap

I am a nationally recognized researcher on the interaction between household finance, household dynamics, and race. Components of my research program include economic insecurity in the family tree and the racial wealth gap, intergenerational economic mobility and the black-white wealth gap, and repetition in wealth components across multiple generations.

"Just Takes" is an Op-Ed/thought piece/writing initiative at the Institute for the Study of Global Racial Justice. Affiliated-faculty and Rutgers Researchers on Race can submit pieces of writing of 500 words or less pitched to orient their research towards a more public audience and/or as relevant for a current issue in the broad area of global racial justice. 

See Dr. Toney's "Just Take" here: https://globalracialjustice.rutgers.edu/Just-Takes