2007
DOI: 10.1016/j.jedc.2006.12.001
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Initial conditions at Emancipation: The long-run effect on black–white wealth and earnings inequality

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Cited by 14 publications
(7 citation statements)
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“…Studies have also examined whether racially differential allocations of resources during the U.S. antebellum period have had lasting impacts on Black-White differences in socioeconomic status (Sacerdote 2005; White 2007). This type of research helps in assessing the long-term effects of policies and other societal characteristics on disparities.…”
Section: Structural Racism: Selected Examplesmentioning
confidence: 99%
See 1 more Smart Citation
“…Studies have also examined whether racially differential allocations of resources during the U.S. antebellum period have had lasting impacts on Black-White differences in socioeconomic status (Sacerdote 2005; White 2007). This type of research helps in assessing the long-term effects of policies and other societal characteristics on disparities.…”
Section: Structural Racism: Selected Examplesmentioning
confidence: 99%
“…Prior research on intergenerational drag has focused on how factors such as educational attainment or wealth of one generation contribute to population level socioeconomic disparities in a subsequent generation (Heckman and Payner, 1989; Margo 1990). Studies have also examined whether racially differential allocations of resources during the U.S. antebellum period have had lasting impacts on Black-White differences in socioeconomic status (Sacerdote 2005; White 2007). This type of research helps in assessing the long-term effects of policies and other societal characteristics on disparities.…”
Section: Structural Racism: Selected Examplesmentioning
confidence: 99%
“…These norms required Blacks to behave deferentially or face reprisal (Higgs 1977 As specified my theoretical model pertains to labor income. To incorporate wealth properly requires modeling intergenerational transfers and consumption-savings decisions (White 2007). I shall leave the extension for another day but will review here the evolution of racial differences in wealth as far as it is known.…”
Section: Interpreting the Time Series: Intergenerational Transmissionmentioning
confidence: 99%
“…Unfortunately little work has been done to quantitatively understand the sources of this persistent difference across race groups. [See White (2003) for a study of how much of current black-white income and wealth inequality can be explained by initial conditions at Emancipation. ] There is also a large difference in wealth holdings between entrepreneurs and nonentrepreneurs, as shown in Table 3 [taken from Cagetti and De Nardi (2006)].…”
Section: Wealth Concentration In the United Statesmentioning
confidence: 99%
“…Unfortunately little work has been done to quantitatively understand the sources of this persistent difference across race groups. (See White [92] for a study of how much of current black-white income and wealth inequality can be explained by initial conditions at Emancipation. )…”
mentioning
confidence: 99%