作者：Research Institute of Industrial Economics (IFN)
摘要：This study uses new data on Swedish national wealth over the last two hundred years to examine whether the patterns in wealth-income ratios found by Piketty and Zucman (2014) extend to small and less developed economies. The findings reveal both similarities and differences. During the industrialization era, Sweden's domestic wealth was relatively low because of low saving rates and instead foreign capital imports became important. Twentieth-century trends and levels are more similar, but in S...
作者：Universidad de los Andes (Colombia); University of Illinois System; University of Illinois Urbana-Champaign
摘要：Why did the United States subsidize American multinationals' entry into countries treated as informal colonies? We study a classic case of American imperialism, the 1903 U.S. support of Panama's secession from Colombia and subsequent U.S. payment of the 1921 reparations that opened Colombia's oil fields to Standard Oil. We test Noel Maurer's (2013) empire trap hypothesis quantitatively. Archival and econometric evidence documents Colombia's threat to Standard Oil's sunk investment, which induc...
作者：heSam Universite; Universite Pantheon-Sorbonne; Universite Paris Cite; Centre National de la Recherche Scientifique (CNRS); Universite PSL; Universite Paris-Dauphine; Institut d'Etudes Politiques Paris (Sciences Po); Centre National de la Recherche Scientifique (CNRS)
摘要：The Bureau du Commerce allocated rights and rents to private entrepreneurs via a mix of hierarchical division of labor and peer-based collegial deliberation. This set-up reflected an attempt to maximize information and expertise, but also allowed for the recognition of private rights and social interests. The final decisions of the Bureau (for or against each demand), and the qualitative arguments brought forward during the procedure, are robust predictors of eventual decisions. We see this re...
作者：University of Illinois System; University of Illinois Urbana-Champaign
作者：University of Illinois System; University of Illinois Urbana-Champaign
