| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w19348 |
| 来源ID | Working Paper 19348 |
| Shocking Behavior : Random Wealth in Antebellum Georgia and Human Capital Across Generations | |
| Hoyt Bleakley; Joseph P. Ferrie | |
| 发表日期 | 2013-08-22 |
| 出版年 | 2013 |
| 语种 | 英语 |
| 摘要 | Does the lack of wealth constrain parents' investments in the human capital of their descendants? We conduct a fifty-year followup of an episode in which such constraints would have been plausibly relaxed by a random allocation of wealth to families. We track descendants of those eligible to win in Georgia's Cherokee Land Lottery of 1832, which had nearly universal participation among adult white males. Winners received close to the median level of wealth - a large financial windfall orthogonal to parents' underlying characteristics that might have also affected their children's human capital. Although winners had slightly more children than non-winners, they did not send them to school more. Sons of winners have no better adult outcomes (wealth, income, literacy) than the sons of non-winners, and winners' grandchildren do not have higher literacy or school attendance than non-winners' grandchildren. This suggests only a limited role for family financial resources in the transmission of human capital across generations and a potentially more important role for other factors that persist through family lines. |
| 主题 | Labor Economics ; Demography and Aging ; Labor Supply and Demand ; Unemployment and Immigration ; History ; Macroeconomic History ; Labor and Health History ; Development and Growth ; Development |
| URL | https://www.nber.org/papers/w19348 |
| 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/577023 |
| 推荐引用方式 GB/T 7714 | Hoyt Bleakley,Joseph P. Ferrie. Shocking Behavior : Random Wealth in Antebellum Georgia and Human Capital Across Generations. 2013. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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