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作者:Korea Institute for International Economic Policy (KIEP)
摘要:I use unique city-month level disaggregated data, from public employment offices, to estimate the matching functions for the 1920s and the early 1930s. The results show that the public labor exchange was slack, a relative deficiency of job vacancies, in the 1920s and it became slacker during the Great Depression. However, the findings show that there was no deterioration of the matching efficiency in the early 1930s. The outcome of a deficiency of labor demand during the 1930s implies that the...
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作者:Middlebury College
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作者:University of Groningen
摘要:The role of technology shocks as a driver of the Great Depression is the topic of our own earlier work and the paper by Watanabe in this issue. While the two studies differ in their data and assumptions, they complement each other and strengthen the conclusion of both papers: technology shocks were not the driving force of the Great Depression.
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作者:University of California System; University of California Santa Barbara
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作者:University System of Maryland; University of Maryland College Park; National Bureau of Economic Research
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作者:Universite de Toulouse; Universite Toulouse 1 Capitole; Toulouse School of Economics
摘要:Public mass modern education was a major pillar of state-led development in the post-Colonial period. I examine the impact of Egypt's transformation in 1951-1953 of traditional elementary schools (kuttabs) into modern primary schools on the Christian-Muslim educational and occupational differentials, which were in favor of Christians. The reform granted kuttabs' graduates (where Muslim students were over-represented) access to higher stages of education that were previously confined to primary...
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作者:HSE University (National Research University Higher School of Economics)
摘要:Do human capital endowments trump location for knowledge-intensive industries? This article takes advantage of a natural experiment created by the end of the Soviet planned economy in 1991, which had geographically distributed R&D manpower according to planned needs as opposed to a distribution determined by a market economy. It examines the extent to which the planned economy created a path-dependence in the location of post-Soviet human-capital intensive production. The study finds that regi...
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作者:Lehigh University
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作者:University of Groningen; Wageningen University & Research
摘要:Labor productivity in German manufacturing lagged persistently behind the United States in the early twentieth century. Traditionally, this is attributed to dichotomous technology paths across the Atlantic. However, various industry case studies suggest rapid diffusion of U.S. technologies in Germany. We develop a novel decomposition framework based on Data Envelopment Analysis (DEA) to reconcile these findings. We conclude that by 1936 inefficient assimilation of modern production techniquesa...
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作者:University of Oklahoma System; University of Oklahoma - Norman; University of Oklahoma System; University of Oklahoma - Norman
摘要:The papyri of Roman Egypt provide some of the most important quantifiable data from a first-millennium economy. This paper builds a new dataset of wheat prices, land prices, rents, and wages over the entire period of Roman control in Egypt. Movements in both nominal and real prices over these centuries suggest periods of intensive and extensive economic growth as well as contraction. Across a timeframe that covers several severe mortality shocks, demographic changes appear to be an important, ...