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作者：Williams College
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作者：Sgard, Jerome
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作者：Centro de Investigacion y Docencia Economicas A.C. (CIDE)
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作者：University of London; London School Economics & Political Science
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作者：Middlebury College
摘要：In an attempt to divide and marginalize the black population, the apartheid regime forcefully relocated some 3.5 million South Africans to rural homelands between 1960 and 1980. This event, considered one of history's largest social engineering exercises, created overcrowded and economically deprived communities of displaced people. This article uses geo-coded data to explore the long-term effects of removals on current measures of social capital. Comparing people within the same homeland, I s...
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作者：Lewis & Clark College
摘要：I present evidence that shocks to the Medieval English harvest persisted. Hypothesized mechanisms include varying supplies of seed corn and other complementary harvest inputs. Peasants are modeled as trading off current consumption against grain stores and sow rates so that subsistence-level shocks may persist. For my sample I find that a failed harvest increased the probability of subsequent harvest failure by 20-30 percent. Grain yields are analyzed as a strongly balanced panel by year, mano...
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作者：University of Geneva; Center for Economic & Policy Research (CEPR); University of Barcelona; Universitat Rovira i Virgili
摘要：This article analyzes the integration of the Spanish money market in the nineteenth century. We use a Band-Threshold Autoregression model of prices of bills-of-exchange in ten cities to measure market convergence and efficiency in 1825-1875. While price gaps generally decreased during the period, progress in efficiency was limited to a small group of cities. We suggest that convergence was associated to the reduction in transaction costs, which started well before the railways through improvem...
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作者：Rutgers University System; Rutgers University New Brunswick; National Bureau of Economic Research; Paris School of Economics; European Central Bank; Bank of France; European Central Bank; Bank of France; University of California System; University of California Berkeley
摘要：The Gold Pool was probably the most ambitious case of central bank cooperation in history. Major central banks pooled interventions to stabilize the dollar price of gold. Why did it collapse? From at least 1964, the fate of the Pool was, in fact, tied to sterling, the first line of defense for the dollar. Sterling's devaluation in November 1967 eventually spurred speculation and unbearable losses for the Pool. Inflationary U.S. policies were weakening confidence in the dollar. The demise of th...
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作者：University of Munich
摘要：Bodenhom, Guinnane, and Mroz (2017) are critical of anthropometric research using based on non-random samples. Declining height trends in military and prison data, they argue, are artifacts of negative selection during favorable labor market conditions. We study height trends in the United States in the antebellum decades, which coincided with the onset of modem economic growth. We find that neither the historical evidence nor their own statistical analysis support their views. The decline in ...
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作者：University of British Columbia
