The traditional historical narrative claims that White women were rarely involved in market transactions for enslaved people in the antebellum United States. Using transaction records, notary statements, and runaway advertisements, we provide the first quantitative estimates of the extent of...

We re-characterize American slavery as inefficient, whereby emancipation generated substantial aggregate economic gains. Coercive labor markets were severely distorted, with the social marginal cost of labor substantially above its marginal benefit. Production during enslavement came at immense...

There is a growing body of evidence showing that negative childhood health shocks have long term consequences in terms of health, human capital formation and labor market outcomes. However, by altering the relative prices of child quality across siblings, these health shocks can also affect...

There is a growing body of evidence showing that negative childhood health shocks have long term consequences in terms of health, human capital formation and labor market outcomes. However, by altering the relative prices of child quality across siblings, these health shocks can also affect...