A model of migration and wealth accumulation: Farmers at the antebellum southern frontier

1987 ◽  
Vol 24 (2) ◽  
pp. 130-157 ◽  
Author(s):  
Donald F Schaefer
Keyword(s):  
Wealth Accumulation

Twenty-First-Century Fiction

2018 ◽  
Author(s):  
Berthold Schoene
Keyword(s):  
World Literature ◽  
Power Relations ◽  
First Century ◽  
Wealth Accumulation ◽  
Essential Component ◽  
Imperial Power ◽  
The World ◽  
Twenty First Century ◽  
Globalized World ◽  
Global Relations

This chapter looks at how the contemporary British and Irish novel is becoming part of a new globalized world literature, which imagines the world as it manifests itself both within (‘glocally’) and outside nationalist demarcations. At its weakest, often against its own best intentions, this new cosmopolitan writing cannot but simply reinscribe the old imperial power relations. Or, it provides an essential component of the West’s ideological superstructure for globalization’s neoliberal business of rampant upward wealth accumulation. At its best, however, this newly emergent genre promotes a cosmopolitan ethics of justice, resistance. It also promotes dissent while working hard to expose and deconstruct the extant hegemonies and engaging in a radical imaginative recasting of global relations.

scholarly journals Active vs. Passive Decisions and Crowd-Out in Retirement Savings Accounts: Evidence from Denmark *

2014 ◽  
Vol 129 (3) ◽  
pp. 1141-1219 ◽  
Author(s):  
Raj Chetty ◽  
John N. Friedman ◽  
Søren Leth-Petersen ◽  
Torben Heien Nielsen ◽  
Tore Olsen
Keyword(s):  
Government Expenditure ◽  
Wealth Accumulation ◽  
Retirement Savings ◽  
Total Saving ◽  
Savings Accounts ◽  
Retirement Accounts ◽  
Tax Subsidies ◽  
Crowd Out ◽  
Savings Rates

Abstract Using 41 million observations on savings for the population of Denmark, we show that the effects of retirement savings policies on wealth accumulation depend on whether they change savings rates by active or passive choice. Subsidies for retirement accounts, which rely on individuals to take an action to raise savings, primarily induce individuals to shift assets from taxable accounts to retirement accounts. We estimate that each $1 of government expenditure on subsidies increases total saving by only 1 cent. In contrast, policies that raise retirement contributions if individuals take no action—such as automatic employer contributions to retirement accounts—increase wealth accumulation substantially. We estimate that approximately 15% of individuals are “active savers” who respond to tax subsidies primarily by shifting assets across accounts; 85% of individuals are “passive savers” who are unresponsive to subsidies but are instead heavily influenced by automatic contributions made on their behalf. Active savers tend to be wealthier and more financially sophisticated. We conclude that automatic contributions are more effective at increasing savings rates than subsidies for three reasons: (i) subsidies induce relatively few individuals to respond, (ii) they generate substantial crowd-out conditional on response, and (iii) they do not increase the savings of passive individuals, who are least prepared for retirement.

Racial Differences in Patterns of Wealth Accumulation

2004 ◽  
Vol 39 (1) ◽  
pp. 193 ◽  
Author(s):  
Maury Gittleman ◽  
Edward N. Wolff
Keyword(s):  
Racial Differences ◽  
Wealth Accumulation

Migration and Economic Mobility: Wealth Accumulation and Occupational Change Among Antebellum Migrants and Persisters

1998 ◽  
Vol 58 (4) ◽  
pp. 927-956 ◽  
Author(s):  
Steven Herscovici
Keyword(s):  
Nineteenth Century ◽  
Social Mobility ◽  
Blue Collar ◽  
Economic Mobility ◽  
Economic Opportunity ◽  
Wealth Accumulation ◽  
Data Set ◽  
Occupational Change ◽  
Nineteenth Century America

Research on nineteenth-century economic and social mobility has concentrated on occupational change among men who remained in the same community for ten or more years, although fewer than half of any community's residents persist that long. This article uses a data set created specifically to compare the experiences of men who migrated from Newburyport, Massachusetts in the mid-nineteenth century with those of men who persisted. It finds that blue-collar migrants were more successful than were their counterparts who did not move. The results suggest that previous studies may have considerably underestimated the extent of economic opportunity in nineteenth-century America.

Do aspirations reduce differences in wealth accumulation?

2021 ◽  
pp. 105553
Author(s):  
Jordi Caballé ◽  
Ana I. Moro-Egido
Keyword(s):  
Wealth Accumulation

Historical Context of Agricultural Commercialisation in Ghana: Changes in Land and Labour Relations

2016 ◽  
Vol 53 (1) ◽  
pp. 49-63 ◽  
Author(s):  
Joseph Awetori Yaro ◽  
Joseph Kofi Teye ◽  
Gertrude Dzifa Torvikey
Keyword(s):  
Social Relations ◽  
Land Tenure ◽  
Production Systems ◽  
Historical Context ◽  
Colonial Period ◽  
Agrarian Change ◽  
Wealth Accumulation ◽  
Colonial Era ◽  
Labour Relations ◽  
Global Capital

This paper provides a broad review of agrarian change in Ghana by highlighting the major developments in the agrarian political economy and their implications for agricultural commercialisation and its modifying influence on land tenure systems, livelihoods, production systems, social relations, and labour relations. While current land tenure arrangements and labour relations in Africa are often explained in terms of globalisation, we argue that the historical context of agricultural commercialisation in Ghana shows continuities and discontinuities in agrarian relations from the colonial period to the present. We also argue that changes over the years have blended with globalisation to produce the distinct forms of labour relations that we see today. The commercialisation of agriculture in Ghana has evolved progressively from the colonial era aided by policies of coercion, persuasion and incentives to its current globalised form. The expansion in the range of commodities over time necessarily increased the demand for more land and labour. The article contributes to the literature by providing great insights into changes in land and labour relations due to increasing commercialisation, and how these enhanced wealth accumulation for the richer segments of society and global capital to the detriment of the poor throughout Ghana’s agrarian history.

Taking Financial Literacy Downtown: Leveraging Community Partnerships to Increase Communication of Essential Financial Information in an Urban Area

2021 ◽  
pp. 001312452110638
Author(s):  
Lindsay Neuberger ◽  
Deborah A. Carroll ◽  
Silvana Bastante ◽  
Maeven Rogers ◽  
Laura Boutemen
Keyword(s):  
Focus Groups ◽  
Urban Communities ◽  
Financial Literacy ◽  
Community Partnerships ◽  
Wealth Accumulation ◽  
Community Members ◽  
Financial Outcomes ◽  
Research Findings ◽  
Credit Scores ◽  
Priority Populations

Financial illiteracy is a systemic issue across the country, especially among lower-income individuals in urban communities. This low level of financial literacy often leads to higher levels of debt, lower credit scores, less wealth accumulation, and poor retirement planning. Increasing financial literacy in these priority populations can be effective in combatting some of these negative financial outcomes. This study emerged from a partnership between community organizations in a large urban metropolitan area and scholars from diverse disciplinary backgrounds. Guided by formative research principles, this manuscript reports on research findings derived from several focus groups with community members. These focus groups helped to identify existing perceived financial knowledge levels, categorize barriers to enhancing financial literacy, and illuminate potentially pathways to effective financial literacy program development.

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