| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP13660 |
| DP13660 The intergenerational effects of a large wealth shock: White southerners after the Civil War | |
| Philipp Ager; Leah Boustan; Katherine Eriksson | |
| 发表日期 | 2019-04-09 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 摘要 | The nullification of slave-based wealth after the US Civil War (1861-65) was one of the largest episodes of wealth compression in history. We document that white southern households with more slave assets lost substantially more wealth by 1870 relative to households with otherwise similar pre-War wealth levels. Yet, the sons of these slaveholders recovered in income and wealth proxies by 1880, in part by shifting into white collar positions and marrying into higher status families. Their pattern of recovery is most consistent with the importance of social networks in facilitating employment opportunities and access to credit. |
| 主题 | Economic History |
| URL | https://cepr.org/publications/dp13660 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/542519 |
| 推荐引用方式 GB/T 7714 | Philipp Ager,Leah Boustan,Katherine Eriksson. DP13660 The intergenerational effects of a large wealth shock: White southerners after the Civil War. 2019. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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