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We investigate the effect of slavery on the current level of income inequality across US counties. We find that a … races. We also show that a crucial channel of transmission from slavery to racial inequality is human capital accumulation …, i.e., current inequality is primarily influenced by slavery through the unequal educational attainment of blacks and …
Persistent link: https://www.econbiz.de/10010930996
This essay investigates the determinants of the growth performance of Africa. I start by illustrating a broader research agenda which accounts not only for basic economic and demographic factors, but also for the role of history and institutional development. After reporting results from...
Persistent link: https://www.econbiz.de/10009225960
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/10009399722
determined by the initial gap. We obtain these results with 2SLS estimates where slavery is used as an instrument for the initial … gap. We address the question of the excludability of slavery by instrumenting it with the share of disembarked slaves from … initial racial gap in education and that slavery affects growth indirectly through this channel. …
Persistent link: https://www.econbiz.de/10010588365
We investigate the impact of slavery on the current performances of the US economy. Over a cross section of counties …, we find that the legacy of slavery does not affect current income per capita, but does affect current income inequality …. Moreover, we find that the impact of slavery on current income inequality is determined by racial inequality. We test three …
Persistent link: https://www.econbiz.de/10008680759
Latin America up until the 19th century. However, the influence of slavery differs significantly across countries and …
Persistent link: https://www.econbiz.de/10011156481
world starting from the 19th century. The impact of the original, exogenously-given laws on international migration proves … insignificant for the early, mass migration waves, which confirm to be driven primarily by economic incentives. Postwar convergence … of citizenship laws is determined by legal tradition and international migration, but also by border stability, the …
Persistent link: https://www.econbiz.de/10005114217
We study the joint impact of gender and marital status on financial decisions. First, we test the hypothesis that marriage represents - in a portfolio framework - a sort of safe asset, and that this effect is stronger for women. Controlling for a number of observable characteristics, we show...
Persistent link: https://www.econbiz.de/10012765084
We study the determinants of intra-household decision-making responsibility over economic and financial choices using a direct measure provided in the 1989–2010 Bank of Italy Survey of Household Income and Wealth. We find that the probability that the wife is responsible for decisions...
Persistent link: https://www.econbiz.de/10010942996
We empirically study the determinants of intra-household decision power with respect to economic and financial choices using a suitable direct measure provided in the 1989-2010 Bank of Italy Survey of Household Income and Wealth. Focusing on a sample of couples, we evaluate the effect of each...
Persistent link: https://www.econbiz.de/10010552070