We present a model of public provision of education for blacks in two discriminatory regimes, white plantation controlled, and white yeoman-town controlled. We show that the ability to migrate to a non-discriminating district constrains the ability of both types of regimes to discriminate. The...

We present a model of public provision of education for blacks in two discriminatory regimes, white plantation controlled, and white town controlled. We show that the ability to migrate to a non-discriminating district constrains the ability of both types of whites to discriminate. The model...

We present new data on fertility, schooling, and child survival in fertility in the United States between 1800 and 2000. Over that period, fertility, children's schooling, and child survival converged across states and regions. Falling child mortality, rising parental education, and increased...

An endogenous growth model is developed that produces convergence in per capita income and growth rates of output. Agents have identical preferences and access to identical technologies of production and investment, but differing levels of initial human capital. A spillover effect of human...

We examine the relationship of banking crises with economic growth and recessions. Our data cover 21 economies from around the world, most from 1870 to 2009 with the rest starting in 1901 or earlier. The data include capital investment and human capital formation. We have two major findings....

Children born to unmarried parents may receive lower human capital investments, leading to higher levels of criminal activity as adults. Therefore, unmarried fertility may be positively associated with future crime. Alternatively, in an environment in which social stigma attached to nonmarital...

This paper introduces new estimates of physical capital and land for the states of the United States covering up to 150 years, from 1850{2000. The estimates of physical capital are decomposed into estimates for agriculture, manufacturing, and a residual sector, while the estimates of land are...

This paper introduces new data on state-level physical capital by sector and land in the farm sector for the states of the United States from 1840 to 2000. These data are incorporated into aggregate accounting exercises with the aim of comparing cross-state results to those found in...