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Why did the most prosperous colonies in the British Empire mount a rebellion? Even more puzzling, why didn't the … British agree to have American representation in Parliament and quickly settle the dispute peacefully? At first glance, it … problematic because American elites could not credibly commit to refuse to form a coalition with the British opposition …
Persistent link: https://www.econbiz.de/10012455956
The 1921 Tulsa Race Massacre resulted in the looting, burning, and leveling of 35 square blocks of a once-thriving Black neighborhood. Not only did this lead to severe economic loss, but the massacre also sent a warning to Black individuals across the country that similar events were possible in...
Persistent link: https://www.econbiz.de/10012599275
Black- and Hispanic-owned funds control a very modest share of assets in the private capital industry. We find that the sensitivity of follow-on fundraising to fund performance is greater for minority-owned groups, particularly for underperforming groups. We find little support for a number of...
Persistent link: https://www.econbiz.de/10013388856
We assemble new data on the British and French concessions in Shanghai between 1845 and 1936 to assess the legal … origins view of financial development. During this period, two regime changes altered the degree to which the British common … advantage in the British concession widened after the formation of the Courts and shrank after their rendition …
Persistent link: https://www.econbiz.de/10012533343
This chapter reviews key literature studying the effects of wars on minority and underrepresented groups in U.S. labor markets in the 20th century. These labor markets, characterized by historically pervasive barriers to entry into certain occupations and industries, promotions, and fair pay for...
Persistent link: https://www.econbiz.de/10014421237
The Kentucky Derby is the premier American horse race. The first race was held in 1875 and 13 of the 15 jockeys were African Americans. African American jockeys continued to play an important role until the turn of the 19th century when they were forced from the Kentucky Derby and the other big...
Persistent link: https://www.econbiz.de/10012479417
We study differences in economic outcomes by perceived skin tone among African Americans using full-count U.S. decennial census data from the late-19th and early-20th centuries. Comparing children coded as "Black" or "Mulatto" by census enumerators and linking these children across population...
Persistent link: https://www.econbiz.de/10014247937
The US Civil War ended in 1865 without the distribution of land or compensation to those formerly enslaved--a decision often seen as a cornerstone of racial inequality. We build a dataset to observe Black households' landholdings in 1880, a key component of their wealth, alongside a sample of...
Persistent link: https://www.econbiz.de/10013172157
, was an economic catastrophe and one of the great episodes of racial exploitation in post-Emancipation history. It was also …
Persistent link: https://www.econbiz.de/10014576605
This paper develops an analytical framework for studying colonial investment from the perspective of neoclassical political economy. The distinguishing feature of colonial investment in this model is that the metropolitan government restricts the amount of investment in the colony in order to...
Persistent link: https://www.econbiz.de/10012474530