Prisoners employed in manufacturing constitute 4.2% of total U.S. manufacturing employment in 2005; they produce cheap goods, creating labor demand shock. I study the economic externalities of convict labor on local labor markets and firms. Using newly collected panel data on U.S. prisons and...

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...

We present new findings about the relationship between marriage and socioeconomic background in the United States in the late 19th and early 20th Centuries. Imputing socioeconomic status of family of origin from first names, we document a socioeconomic gradient for women in the probability of...

This study provides an estimation of the causal relationship between the reduction in malaria transmission and farmer agricultural productivity. Exploiting exogenous geographic variations in the stability of malaria and using historical disaggregated county data for the US together with a robust...

We present new findings about the relationship between marriage and socioeconomic background in the United States in the late 19th and early 20th Centuries. Imputing socioeconomic status of family of origin from first names, we document a socioeconomic gradient for women in the probability of...

We present new evidence on the long-run trend of occupational task content by race in the United States, 1900-2021. Black workers began the transition to better paid, cognitive-intensive modern jobs at least a generation after white workers; substantial convergence only occurred from 1960...

The failure of the Freedman's Savings Bank (FSB), one of the only Black-serving banks in the early post-bellum South, was an economic catastrophe and one of the great episodes of racial exploitation in post-Emancipation history. It was also most Black Americans' first experience of banking. Can...

The consensus view among economic historians is that wage inequality in American manufacturing followed an inverted-U path from the early nineteenth century until just before World War Two. The previous literature, however, has been unable to fully document this path over time, or fully assess...