"Between 1800 and 1860, the United States became the preeminent world supplier of cotton as output increased sixty …-fold. Technological changes, including the introduction of improved cotton varieties, contributed significantly to this growth. Measured … output per worker in the cotton sector rose four-fold and large regional differences emerged. By 1840, output per worker in …

Between 1800 and 1860, the United States became the preeminent world supplier of cotton as output increased sixty …-fold. Technological changes, including the introduction of improved cotton varieties, contributed significantly to this growth. Measured … output per worker in the cotton sector rose four-fold and large regional differences emerged. By 1840, output per worker in …

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 examine how wealth windfalls affect self-employment decisions using data on cash payments from claims on Texas shale … drilling to people throughout the United States. Individuals who receive large wealth shocks (greater than $50,000) have 51 …-employment spells, and not by individuals who leave regular employment for self-employment. Moreover, the effect of wealth reverts for …

light on the impact of intergenerational transfers on household wealth disparities and on possible reasons for the … substantial differences in household wealth disparities among the 4 countries. Almost all of the evidence I present suggests that … intergenerational transfers have a disequalizing impact on household wealth disparities and promote the transmission of household wealth …

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 …