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作者:University of Richmond; Princeton University; Bocconi University; Northwestern University; Stanford University; Chapman University System; Chapman University; University of California System; University of California Davis; Harvard University; University of Melbourne; Baylor University; University of Pisa
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作者:Carnegie Mellon University; Pennsylvania Commonwealth System of Higher Education (PCSHE); University of Pittsburgh
摘要:Focusing on the first half of the twentieth century, we explore the rise and fall of pellagra (a disease caused by inadequate niacin consumption) in the American South. We first consider the hypothesis that the South's monoculture in cotton undermined nutrition by displacing local food production. Consistent with this hypothesis, a difference in differences estimation shows that after the arrival of the boll weevil, food production in affected counties rose while cotton production and pellagra...
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作者:Williams College
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作者:University of Hull; University of Hull
摘要:One important, but overlooked, risk mitigation device that facilitated the growth of the slave trade in the eighteenth century was the increasing availability of insurance for ships and their human cargoes. In this article we explore, for the first time, the relative cost of insurance for British slave traders, the underlying processes by which this key aspect of the business of slavery was conducted, and the factors behind price and other changes over time. Comparisons are also drawn with the...
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作者:University of Michigan System; University of Michigan
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作者:Agir, Seven; Artunc, Cihan
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作者:Texas Christian University; Federal Reserve System - USA; Federal Reserve Bank - Atlanta
摘要:This article describes and measures how the Bank of Amsterdam supplied a successful fiat money in a world of specie by offering the unlimited repo of large coins at a near-zero rate. Our data from 1736 to 1791 finds that such liberal access led to volatile loan levels and that the Bank responded with sterilization by means of open market operations. In this way, the Bank held its money stock at a roughly constant level and helped stabilize its value. Profit was another part of the Bank's polic...
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作者:University of Michigan System; University of Michigan
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作者:Australian National University
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作者:Vanderbilt University; National Bureau of Economic Research
摘要:After adjusting for sample-selection bias, I find a net decline in average stature of 0.64 inches in the birth cohorts of 1832-1860 in the United States. This result supports the veracity of the Antebellum Puzzle-a deterioration of health during early modern economic growth in the United States. However, this adjustment alters the trend in average stature in the same cohort range, validating concerns over bias in the historical heights literature. The adjustment is based on censuslinked milita...