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Initial conditions at Emancipation: The long-run effect on black-white wealth and earnings inequality

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  • White, T. Kirk

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  • White, T. Kirk, 2007. "Initial conditions at Emancipation: The long-run effect on black-white wealth and earnings inequality," Journal of Economic Dynamics and Control, Elsevier, vol. 31(10), pages 3370-3395, October.
  • Handle: RePEc:eee:dyncon:v:31:y:2007:i:10:p:3370-3395
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    3. Gary S. Becker & Nigel Tomes, 1994. "Human Capital and the Rise and Fall of Families," NBER Chapters, in: Human Capital: A Theoretical and Empirical Analysis with Special Reference to Education, Third Edition, pages 257-298, National Bureau of Economic Research, Inc.
    4. David Card & Alan B. Krueger, 1992. "School Quality and Black-White Relative Earnings: A Direct Assessment," The Quarterly Journal of Economics, Oxford University Press, vol. 107(1), pages 151-200.
    5. Prescott, Edward C, 1998. "Needed: A Theory of Total Factor Productivity," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 39(3), pages 525-551, August.
    6. Smith, James P, 1984. "Race and Human Capital," American Economic Review, American Economic Association, vol. 74(4), pages 685-698, September.
    7. Deborah A. Cobb-Clark & Vincent A. Hildebrand, 2006. "The Wealth of Mexican Americans," Journal of Human Resources, University of Wisconsin Press, vol. 41(4).
    8. Connolly, Michelle P., 2001. "Human Capital and Growth in the Post-Bellum South: A Separate but Unequal Story," Working Papers 01-01, Duke University, Department of Economics.
    9. Haley, William J, 1976. "Estimation of the Earnings Profile from Optimal Human Capital Accumulation," Econometrica, Econometric Society, vol. 44(6), pages 1223-1238, November.
    10. Edward N. Wolff, "undated". "Racial Wealth Disparities Is the Gap Closing?," Economics Public Policy Brief Archive ppb_66, Levy Economics Institute.
    11. Javier Diaz-Gimenez & Vincenzo Quadrini & Jose-Victor Rios-Rull, 1997. "Dimensions of inequality: facts on the U.S. distributions of earnings, income, and wealth," Quarterly Review, Federal Reserve Bank of Minneapolis, vol. 21(Spr), pages 3-21.
    12. Smith, James P, 1986. "Race and Human Capital: Reply," American Economic Review, American Economic Association, vol. 76(5), pages 1225-1229, December.
    13. Heckman, James J, 1976. "A Life-Cycle Model of Earnings, Learning, and Consumption," Journal of Political Economy, University of Chicago Press, vol. 84(4), pages 11-44, August.
    14. Pritchett, Jonathan B., 1989. "The Burden of Negro Schooling: Tax Incidence and Racial Redistribution in Postbellum North Carolina," The Journal of Economic History, Cambridge University Press, vol. 49(04), pages 966-973, December.
    15. Trejo, Stephen J, 1997. "Why Do Mexican Americans Earn Low Wages?," Journal of Political Economy, University of Chicago Press, vol. 105(6), pages 1235-1268, December.
    16. DeCanio, Stephen J., 1979. "Accumulation and discrimination in the postbellum South," Explorations in Economic History, Elsevier, vol. 16(2), pages 182-206, April.
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    18. Hoxby, Caroline M, 1998. "How Much Does School Spending Depend on Family Income? The Historical Origins of the Current School Finance Dilemma," American Economic Review, American Economic Association, vol. 88(2), pages 309-314, May.
    19. Glomm, Gerhard & Ravikumar, B, 1992. "Public versus Private Investment in Human Capital Endogenous Growth and Income Inequality," Journal of Political Economy, University of Chicago Press, vol. 100(4), pages 818-834, August.
    20. Narayana R. Kocherlakota, 1996. "The Equity Premium: It's Still a Puzzle," Journal of Economic Literature, American Economic Association, vol. 34(1), pages 42-71, March.
    21. James J. Heckman, 1989. "The Impact of Government on the Economic Status of Black Americans," NBER Working Papers 2860, National Bureau of Economic Research, Inc.
    22. Fishlow, Albert, 1966. "Levels of Nineteenth-Century American Investment in Education," The Journal of Economic History, Cambridge University Press, vol. 26(4), pages 418-436, December.
    23. Menchik, Paul L & Jianakoplos, Nancy Ammon, 1997. "Black-White Wealth Inequality: Is Inheritance the Reason?," Economic Inquiry, Western Economic Association International, vol. 35(2), pages 428-442, April.
    24. Margo, Robert A, 1986. "Race and Human Capital: Comment," American Economic Review, American Economic Association, vol. 76(5), pages 1221-1224, December.
    25. Smith, James P & Welch, Finis R, 1989. "Black Economic Progress after Myrdal," Journal of Economic Literature, American Economic Association, vol. 27(2), pages 519-564, June.
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    Cited by:

    1. Hero Ashman & Seth Neumuller, 2020. "Can Income Differences Explain the Racial Wealth Gap: A Quantitative Analysis," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 35, pages 220-239, January.
    2. Cagetti, Marco & De Nardi, Mariacristina, 2008. "Wealth Inequality: Data And Models," Macroeconomic Dynamics, Cambridge University Press, vol. 12(S2), pages 285-313, September.
    3. Alejandro Badel, 2010. "Understanding permanent black-white earnings inequality," Working Papers 2010-047, Federal Reserve Bank of St. Louis.
    4. Margo, Robert A., 2016. "Obama, Katrina, and the Persistence of Racial Inequality," The Journal of Economic History, Cambridge University Press, vol. 76(2), pages 301-341, June.
    5. Dionissi Aliprantis & Daniel R. Carroll & Eric R. Young, 2019. "The Dynamics of the Racial Wealth Gap," Working Papers 19-18, Federal Reserve Bank of Cleveland.

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