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The Economic Aftermath of the 1960s Riots in American Cities: Evidence from Property Values

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dc.contributor.author Collins, William J.
dc.contributor.author Margo, Robert A.
dc.date.accessioned 2004-10-05T14:46:20Z
dc.date.available 2004-10-05T14:46:20Z
dc.date.issued 2004-05
dc.identifier.citation Collins, William J. and Robert A. Margo. "The Economic Aftermath of the 1960s Riots in American Cities: Evidence from Property Values." Working Paper No. 04-W10. Dept. of Economics, Vanderbilt University. Nashville, TN, May 2004. en
dc.identifier.uri http://hdl.handle.net/1803/25
dc.description.abstract In the 1960s numerous cities in the United States experienced violent, race-related civil disturbances. Although social scientists have long studied the causes of the riots, the consequences have received much less attention. This paper examines census data from 1950 to 1980 to measure the riots' impact on the value of central-city residential property, and especially on black-owned property. Both ordinary least squares and two-stage least squares estimates indicate that the riots depressed the median value of black-owned property between 1960 and 1970, with little or no rebound in the 1970s. Analysis of household-level data suggests that the racial gap in the value of property widened in riot-afflicted cities during the 1970s. en
dc.format.extent 100440 bytes
dc.format.mimetype application/pdf
dc.language.iso en_US
dc.publisher Vanderbilt University. Dept. of Economics en
dc.relation.ispartofseries Working Paper
dc.subject Race riots en
dc.subject Residential real estate en
dc.title The Economic Aftermath of the 1960s Riots in American Cities: Evidence from Property Values en
dc.type Working Paper en


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