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, savings behavior, and capital returns in the evolution of the gap. Given vastly different starting conditions under slavery …
Persistent link: https://www.econbiz.de/10013334320
The rise of the "New History of Capitalism" as a subfield of historical studies has magnified differences between economists and historians which started to grow during the 1970s. We describe what is and what is not new about the New History of Capitalism and explain how the different...
Persistent link: https://www.econbiz.de/10013267801
This paper recounts American economic history for 60 years after World War II. The unusual part of this paper is that it focuses on not only the conventional tale, but also recounts what whites did to and for Blacks over this period. It starts from the unhappy experience of a Black American...
Persistent link: https://www.econbiz.de/10014094603
Usage of the phrase “modern day slavery” to describe human trafficking, especially sex trafficking, is widespread … despite work by numerous scholars and activists to point out how such usage harms attempts to remedy both slavery and … be understood as the precursors to contemporary usage of “modern day slavery” as well as to contemporary usage of …
Persistent link: https://www.econbiz.de/10014344841
President Nixon replaced President Johnson’s War on Poverty with his War on Drugs in 1971. This new drug war was expanded by President Reagan and others to create mass incarceration. The United States currently has a higher percentage of its citizens incarcerated than any other industrial...
Persistent link: https://www.econbiz.de/10013228899
The Voting Rights Act (VRA) of 1965 removed barriers to voting for Black Americans in the South; existing work documents that this in turn led to shifts in the distribution of public funding towards areas with a higher share of Black residents and also reduced Black-White earnings disparities....
Persistent link: https://www.econbiz.de/10012888365
The Voting Rights Act (VRA) of 1965 removed barriers to voting for Black Americans in the South; existing work documents that this in turn led to shifts in the distribution of public funding towards areas with a higher share of Black residents and also reduced Black-White earnings disparities....
Persistent link: https://www.econbiz.de/10014083843
Latin America up until the 19th century. However, the influence of slavery differs significantly across countries and …
Persistent link: https://www.econbiz.de/10011430223
In this chapter we present an overview of the history of racial differences in schooling in the United States. We present basic data on literacy, school attendance, educational attainment, various measures of school quality, and the returns to schooling. Then, in the context of a simple model of...
Persistent link: https://www.econbiz.de/10014023740
This paper presents insights on U.S. business cycle volatility since 1867 de- rived from diffusion indices. We employ a Bayesian dynamic factor model to obtain aggregate and sectoral economic activity indices. We find a remarkable increase in volatility across World War I, which is reversed...
Persistent link: https://www.econbiz.de/10003796122