Wealth mobility in the United States: 1860–1870

IF 0.5 3区 历史学 Q1 HISTORY
Brandon R. Dupont, Joshua L. Rosenbloom
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引用次数: 1

Abstract

Abstract We offer new evidence on the dynamics of wealth holding in the United States over the Civil War decade based on a hand-linked random sample of wealth holders drawn from the 1860 census. Despite the wealth shock caused by emancipation, we find that patterns of wealth mobility were broadly similar for northern and southern residents in 1860. Looking at the determinants of individual wealth holding in 1870, we find that the elasticity with respect to 1860 wealth was quite low in both regions – consistent with high levels of wealth mobility.
美国的财富流动性:1860–1870
本文基于1860年人口普查中财富持有者的手链随机样本,为内战期间美国财富持有的动态提供了新的证据。尽管解放造成了财富冲击,但我们发现1860年南北居民的财富流动模式大致相似。考察1870年个人财富持有的决定因素,我们发现,这两个地区相对于1860年财富的弹性相当低,这与高水平的财富流动性是一致的。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
CiteScore
1.50
自引率
12.50%
发文量
31
期刊介绍: Social Science History seeks to advance the study of the past by publishing research that appeals to the journal"s interdisciplinary readership of historians, sociologists, economists, political scientists, anthropologists, and geographers. The journal invites articles that blend empirical research with theoretical work, undertake comparisons across time and space, or contribute to the development of quantitative and qualitative methods of analysis. Online access to the current issue and all back issues of Social Science History is available to print subscribers through a combination of HighWire Press, Project Muse, and JSTOR via a single user name or password that can be accessed from any location (regardless of institutional affiliation).
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