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 …

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. …

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. …

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 …

This issue of Regional Science and Urban Economics is the special conference issue of the 3rd AFD-World Bank Migration …