dynamic approach. Drawing on the records of 142 plantations with 509 crops years, we show that the average daily cotton … picking rate increased about four-fold between 1801 and 1862. We argue that the development and diffusion of new cotton … South's preeminence in the world cotton market, the pace of westward expansion, and the importance of indigenous …

"We present a mechanism to analytically generate a double Pareto distribution of wealth in a continuous time OLG model …. We disentangle, roughly, the contribution of inheritance, age and stochastic rates of capital return to wealth inequality …, in particular to the Gini coefficient. We investigate the role of the fiscal and redistributive policies for wealth …

a wealth transfer and these accounted for about a quarter of their net worth. Over the lifetime, about 30 percent of … households could expect to receive a wealth transfer and these would account for close to 40 percent of their net worth near time … in the SCF reporting a wealth transfer fell by 2.5 percentage points. The average value of inheritances received among …