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mechanisms behind this effect, we analyze property-level data in one neighborhood of Baltimore, Maryland. We find that new … new residents that purchased directly from existing property owners. …
Persistent link: https://www.econbiz.de/10013483320
We study the history and geography of wealth accumulation in the US, using newly collected historical property tax … enslaved people are not included in the property measure. Third, we investigate the determinants of long-term wealth growth and … higher levels of wealth inequality experienced lower subsequent long-run growth in property …
Persistent link: https://www.econbiz.de/10014247998
, 19th century weight was higher in states with greater average wealth and population density and lower in states with … greater wealth inequality. …
Persistent link: https://www.econbiz.de/10011392586
The racial wealth gap is the largest of the economic disparities between Black and white Americans, with a white …-to-Black per capita wealth ratio of 6 to 1. It is also among the most persistent. In this paper, we construct the first continuous … series on white-to-Black per capita wealth ratios from 1860 to 2020, drawing on historical census data, early state tax …
Persistent link: https://www.econbiz.de/10013339100
The racial wealth gap is the largest of the economic disparities between Black and white Americans, with a white …-to-Black per capita wealth ratio of 6 to 1. It is also among the most persistent. In this paper, we construct the first continuous … series on white-to-Black per capita wealth ratios from 1860 to 2020, drawing on historical census data, early state tax …
Persistent link: https://www.econbiz.de/10013257700
Income and wealth inequality rose over the first 150 years of U.S. history. They may have risen at times in Britain … government. For economies starting from highly unequal property ownership, the development process lowers inequality. History …
Persistent link: https://www.econbiz.de/10014072789
Income and wealth inequality rose over the first 150 years of US history. They rose in Britain before 1875, especially …
Persistent link: https://www.econbiz.de/10014024206
Persistent link: https://www.econbiz.de/10002007375
Persistent link: https://www.econbiz.de/10002026934
Persistent link: https://www.econbiz.de/10001241362