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作者:North Carolina State University
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作者:Yale University
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作者:Paris School of Economics; University of Sussex; Stellenbosch University
摘要:The partition of German Togoland after World War I provides a natural experiment to test the impact of British and French colonization. Using data of recruits to the Ghanaian colonial army 1908-1955, we find that literacy and religious affiliation diverge at the border between the parts of Togoland under British and French control as early as in the 1920s. We partly attribute this to policies towards missionary schools. The divergence is only visible in the South where educational and evangeli...
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作者:La Trobe University; University of Melbourne
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作者:George Mason University
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作者:Auburn University System; Auburn University; University of Iowa; National Bureau of Economic Research
摘要:We use plant-level data from the Census of Manufactures to study collusion in the United States macaroni industry during the Great Depression. The National Industrial Recovery Act was passed in 1933 to promote recovery through industry coordination of economic activity. While there is no change in the price-cost margin after the law is passed, a variety of markers of anti-competitive conduct suggest that collusion indeed increased. Prices became less responsive to changes in cost, the dispersi...
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作者:European Central Bank; Bank of France; European Central Bank; Bank of France; Universite Paris Nanterre
摘要:Measurement of the value of media capture (the control of newspapers by business or political interests) is difficult. However, if capture is valuable, it should affect the price of newspaper shares. Useful information about the value of media capture should be retrievable from Stock Exchange data. Interwar France provides a unique setting to implement this idea because key newspapers floated voting and nonvoting stocks. Combined with takeover prices, data yield estimates of the price of media...
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作者:University of Vermont
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作者:Santa Clara University
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作者:Santa Clara University