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作者:University College Dublin; University Saint-Louis - Bruxelles; University of Oxford
摘要:Shipping, central to the rise of the Atlantic economies, was an extremely hazardous activity. Between the 1780s and 1820s, a safety revolution occurred that saw shipping losses and insurance rates on oceanic routes almost halved thanks to steady improvements in shipbuilding and navigation. Copper sheathing, iron reinforcing, and flush decks were the major innovations in shipbuilding. Navigation improved, not through chronometers, which remained too expensive and unreliable for general use, but...
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作者:Yale University
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作者:University of Warwick; Massachusetts Institute of Technology (MIT)
摘要:The role of cultural distance in market integration, particularly in the developing world, has received relatively little attention. Using prices from more than 200 South Asian markets spanning 1861 to 1921, we show that linguistic distance correlates negatively with market integration. A one-standard-deviation increase in linguistic distance predicts a reduction in the price correlation between two markets of 0.121 standard deviations for wheat, 0.181 for salt, and 0.088 for rice. While facto...
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作者:George Mason University
摘要:The 1933 Ukrainian famine killed as many as 2.6 million people out of a population of 32 million. Historians offer three main explanations: weather, economic policies, genocide. This paper documents that (1) available data do not support weather as the main explanation: 1931 and 1932 weather predicts harvest roughly equal to the 1924-1929 average; weather explains up to 8.1 percent of excess deaths. (2) Policies (collectivization of agriculture and the lack of favored industries) significantly...
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作者:New York University; New York University Abu Dhabi; University of London; London School Economics & Political Science; University of London; London School Economics & Political Science
摘要:This paper examines price convergence and changes in the efficiency of wheat markets, covering the period from the mid-fourteenth to the early twentieth century and most of Europe. The analysis is based on a new data set of prices from almost 600 markets. Unlike previous research, we find that convergence was a predominantly pre-modern phenomenon. It started in the late fifteenth century, advanced rapidly until the beginning of the seventeenth century when it temporarily stalled, resumed after...
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作者:University of Bologna; Johns Hopkins University
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作者:[Anonymous]
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作者:Paris School of Economics; European Central Bank; Bank of France
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作者:Northumbria University
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作者:Universidad Publica de Navarra; University of California System; University of California Davis; National Bureau of Economic Research; University of London; London School of Hygiene & Tropical Medicine; Bocconi University
摘要:We study the link between fiscal austerity and Nazi electoral success. Voting data from a thousand districts and a hundred cities for four elections between 1930 and 1933 show that areas more affected by austerity (spending cuts and tax increases) had relatively higher vote shares for the Nazi Party. We also find that the localities with relatively high austerity experienced relatively high suffering (measured by mortality rates) and these areas' electorates were more likely to vote for the Na...