Slavery and Subsequent Intergenerational Mobility in the United States Preliminary: Do not cite∗
نویسندگان
چکیده
Research has shown that historical levels of slavery have an adverse impact on contemporary economic development in the U.S., including income inequality and education. This paper assesses the relationship between slavery and intergenerational mobility, both in the past and at present. We first use the IPUMS Linked Representative Samples between 1860-1910 to show two things: 1) intergenerational mobility is lower in slave states versus free states and 2) the black-white difference in mobility is higher in slave states versus free states. We then merge historical data on slave density (slaves/population) with the contemporary intergenerational mobility data from Chetty, Hendren, Kline, and Saez (2014) to show that the two results still hold, even after controlling for income inequality, education, and a battery of other controls. Our results suggest the legacy of slavery continues to be felt in the U.S. today. JEL Classification:
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