Data and code for: The intergenerational effects of a large wealth shock: White Southerners after the Civil War
收藏ICPSR2021-01-01 更新2026-04-16 收录
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https://www.openicpsr.org/openicpsr/project/138741/version/V1/view
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资源简介：
The nullification of slave wealth after the U.S. Civil War (1861-65) was one of the largest episodes of wealth compression in history. We document that white Southern households holding more slave assets in 1860 lost substantially more wealth by 1870, relative to Southern households that had been equally wealthy before the war. Yet, their sons almost entirely recovered from this wealth shock by 1900, and their grandsons completely converged by 1940. Marriage networks and connections to other elite families may have aided in recovery, whereas transmission of entrepreneurship and skills appear less central.
提供机构：
University of Southern Denmark; Princeton University; UC Davis
创建时间：
2021-01-01
