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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w1403 |
来源ID | Working Paper 1403 |
The Impact of Annuity Insurance on Savings and Inequality | |
Laurence J. Kotlikoff; John B. Shoven; Avia Spivak | |
发表日期 | 1984-07-01 |
出版年 | 1984 |
语种 | 英语 |
摘要 | This is the first paper to document the effect of health on the migration propensities of African Americans in the American past. Using both IPUMS and the Colored Troops Sample of the Civil War Union Army Data, I estimate the effects of literacy and health on the migration propensities of African Americans from 1870 to 1910. I find that literacy and health shocks were strong predictors of migration and the stock of health was not. There were differential selection propensities based on slave status--former slaves were less likely to migrate given a specific health shock than free blacks. Counterfactuals suggest that as much as 35% of the difference in the mobility patterns of former slaves and free blacks is explained by differences in their human capital, and more than 20% of that difference is due to health alone. Overall, the selection effect of literacy on migration is reduced by one-tenth to one-third once health is controlled for. The low levels of human capital accumulation and rates of mobility for African Americans after the Civil War are partly explained by the poor health status of slaves and their immediate descendants. |
主题 | Macroeconomics |
URL | https://www.nber.org/papers/w1403 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/558637 |
推荐引用方式 GB/T 7714 | Laurence J. Kotlikoff,John B. Shoven,Avia Spivak. The Impact of Annuity Insurance on Savings and Inequality. 1984. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w1403.pdf(419KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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