Unlocking local capital for development: Shared Interest’s guarantee fund for South Africa

Community development ; Bank loans

A review of the municipal bond market

An abstract for this article is not available.Bond market

Reexamining the Distribution of Wealth in 1870

This paper uses data on real and personal property ownership collected in the 1870 Federal Census to explore factors influencing individual wealth accumulation and the aggregate distribution of wealth in the United States near the middle of the nineteenth century. Previous analyses of these data have relied on relatively small samples, or focused on population subgroups. By using the much larger sample available in the Integrated Public Use Microdata Series (IPUMS) we are able to disaggregate the data much more finely than has previously been possible allowing us to explore differences in inequality across space and between different population groups. The data provide strong support for the hypothesis that American industrialization during the nineteenth century resulted in increasing inequality in the distribution of wealth.

An investigation of the properties of low density potassium chloride layers as secondary electron emitters and charge storage layers

Imperial Users onl

The Decline and Rise of Interstate Migration in the United States: Evidence from the IPUMS, 1850-1990

We examine evidence on trends in interstate migration over the past 150 years, using data from the Integrated Public Use Microdata Series of the U.S. Census (IPUMS). Two measures of migration are calculated. The first considers an individual to have moved if she is residing in a state different from her state of birth. The second considers a family to have moved if it is residing in a state different from the state of birth of one of its young children. The latter measure allows us estimate the timing of moves more accurately. Our results suggest that overall migration propensities have followed a U-shaped trend since 1850, falling until around 1900 and then rising until around 1970. We examine variation in the propensity to make an interstate move by age, sex, race, nativity, region of origin, family structure, and education. Counterfactuals based on probit estimates of the propensity to migrate suggest that the rise in migration of families since 1900 is largely attributable to increased educational attainment. The decline of interstate migration in the late nineteenth century remains to be explained.