2016

最新文章

• How Fiscal Policy Affects Prices: Britain's First Experience with Paper Money AI翻译
  作者：European Central Bank; Bank of France
  摘要：For almost 25 years between 1797 and 1821, the gold standard in Britain was suspended in order to finance the Napoleonic Wars, creating a paper pound or a fiat currency. Suspension was accompanied by substantial inflation and the accumulation of public debt. By identifying shifts in the spot exchange rate of paper pounds for gold, I document how contemporaries' expectations of how debt would be stabilized in the future shaped the pound's internal value. Thus, it is argued that during the paper...
• Political Order and Inequality: Their Foundations and Their Consequences for Human Welfare AI翻译
  作者：George Mason University
• Protectionism and the Education-Fertility Tradeoff in Late Nineteenth Century France AI翻译
  作者：European Central Bank; Bank of France; Aix-Marseille Universite; Leibniz Association; Ifo Institut
• The Effect of Management and Technology Diffusion on Firm Productivity: Evidence from the US Marshall Plan in Italy AI翻译
  作者：Stanford University
• Obama, Katrina, and the Persistence of Racial Inequality AI翻译
  作者：Boston University; National Bureau of Economic Research
  摘要：New benchmark estimates of Black-White income ratios for 1870, 1900, and 1940 are combined with standard post-World War census data. The resulting time series reveals that the pace of racial income convergence has generally been steady but slow, quickening only during the 1940s and the modern Civil Rights era. I explore the interpretation of the time series with a model of intergenerational transmission of inequality in which racial differences in causal factors that determine income are very ...
• Mapping and Economic Development: Spatial Information Matters AI翻译
  作者：West Virginia University
• The Long Process of Development: Building Markets and States in Pre-industrial England, Spain, and Their Colonies. AI翻译
  作者：University of Rochester
• Climate Change and the Course of Global History: A Rough Journey. AI翻译
  作者：Northwestern University
• Immigration and the Canadian Earnings Distribution in the First Half of the Twentieth Century AI翻译
  作者：Queens University - Canada; University of British Columbia
  摘要：We use newly available micro-data from the 1911 to 1941 Canadian Censuses to investigate the impact of immigration on the Canadian earnings distribution in the first half of the twentieth century. We show that Canadian inequality rose sharply in the inter-war years, particularly in the 1920s, coinciding with two of the largest immigration decades in Canadian history. We find that immigration was not the main force driving changes in the earnings distribution. This results from a combination of...
• Money Pits: British Mining Companies in the CalifOrilla'? and Australian Gold Rushes of the 1850s. AI翻译
  作者：Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park