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Shocking Behavior : Random Wealth in Antebellum Georgia and Human Capital Across Generations

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NBER2013-08-01 更新2025-01-04 收录
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Does the lack of wealth constrain parents' investments in the human capital of their descendants? We conduct a fifty-year followup of an episode in which such constraints would have been plausibly relaxed by a random allocation of wealth to families. We track descendants of those eligible to win in

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2013-08-01
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