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

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...

Famed investor Benjamin Graham, author of the bestselling books, Securities Analysis and The Intelligent Investor, is almost universally regarded as the founder of value investing. However, contrary to conventional wisdom, Graham was not the first American to pioneer the principles of value...

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 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 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...

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...

Historical wealth micro-data from Wentworth County, Ontario examines the evolution of female and male wealth holding in the wake of 19th century property rights legislation. The results reveal that male wealth was greater than female wealth in Wentworth County but that over time the gap...

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...