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Latin America up until the 19th century. However, the influence of slavery differs significantly across countries and …
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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 …
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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/10013135634
recent scholarly research that suggests that the legacy of slavery is largely manifest in persistent levels of economic … the abolition of slavery in the 19 century. We also explore the robustness of our estimates to relaxing the exclusion … restriction, as the slavery instrument is only plausibly exogenous. We document a strong association between inequality and both …
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