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Using a rich sample of admission records from New Orleans Touro Infirmary, we examine the in-hospital mortality risk of free and enslaved patients. Despite a higher mortality rate in the general population, slaves were significantly less likely to die in the hospital than the whites. We analyze...
Persistent link: https://www.econbiz.de/10010277319
determined by the initial gap. We obtain these results with 2SLS estimates where slavery is used as an instrument for the initial … gap. The excludability of slavery is preliminarily established by instrumenting it with the share of disembarked slaves … initial racial gap in education and that slavery affects growth indirectly through this channel. …
Persistent link: https://www.econbiz.de/10010282571
This is a survey of some of the key studies in the literature on international migration in history that may be described as cliometric. This literature uses the concepts and approaches of applied economics to investigate a range of historical issues and there are strong parallels with the...
Persistent link: https://www.econbiz.de/10010269792
This chapter discusses the strong impact of economic forces, and changes in the economic environment, on American Jewish observance and American Jewish religious institutions in the 20th century. Beginning with the immigrants' experience of dramatic economic change between the old country and...
Persistent link: https://www.econbiz.de/10010272652
In this essay I review Sylvia Nasar's long awaited new history of economics, Grand Pursuit. I describe how the book is an economic history of the period from 1850-1950, with distinguished economists' stories inserted in appropriate places. Nasar's goal is to show how economists work, but also to...
Persistent link: https://www.econbiz.de/10010282450
The paper presents a statistical generalisation, to working families in the whole of Britain, of Rowntree's finding that absolute poverty declined dramatically in York between 1899 and 1936. We use poverty lines devised by contemporary social investigators and two relatively newly-discovered...
Persistent link: https://www.econbiz.de/10010269465
Based largely on industry-level aggregate statistics, the prevailing view, and one that has strongly influenced macroeconomic thought, is that real wages during the cycle containing the Great Depression are either acyclical or countercyclical. Does this finding hold-up when more micro data are...
Persistent link: https://www.econbiz.de/10010269762
The relationship between training and firm-level employment adjustment given an unanticipated fall in product demand has been central to human capital theory. The most cataclysmic negative output shock occurred in 1929/30. At this time, easily the most important source of United Kingdom general...
Persistent link: https://www.econbiz.de/10010261536
Microeconomic theory predicts that under certain regularity conditions higher idiosyncratic risk increases the propensity to insure against independent marketable risks. We apply these predictions to the specific case of labor income risk and car insurance using data from the UK. The main...
Persistent link: https://www.econbiz.de/10010262448
Countries often spend billions on university research. There is growing interest in how to assess whether that money is well spent. Is there an objective way to assess the quality of a nation's world-leading science? I attempt to suggest a method, and illustrate it with modern data on economics....
Persistent link: https://www.econbiz.de/10010269637