This paper constructs the first repeat sales house price index in United States history before 1950, using data from Baltimore. It shows that house prices fell more during the 1890s and 1930s than existing data indicate. As a result, while previous data suggest most borrowers should have been...

The Great Migration–the massive migration of African Americans out of the rural South to largely urban locations in the North, Midwest, and West–was a landmark event in US history. Our paper shows that this migration increased mortality of African Americans born in the early twentieth...

A striking negative correlation exists between an area's residential racial segregation and its population characteristics, but it is recognized that this relationship may not be causal. I present a novel test of causality from segregation to population characteristics by exploiting the...

This essay surveys some of the key themes in Southern economic history and traces the development of the region through the colonial and revolutionary eras, the antebellum period, the Civil War and Reconstruction, the post-bellum period, and the modern period. In particular, I highlight the...

Why did newly freed slaves and their descendants wait a half a century before migrating in large numbers to the superior economic opportunities in the North? Census lifetime migration data on both movers and stayers are examined intertemporally for both whites and blacks. Regression analysis...

The paper examines the role of self-ownership versus other ownership of labor with implications for the interpretation of the historical evidence regarding timing of black migration from the South to the North after emancipation