2013

最新文章

• The American National State and the Early West AI翻译
  作者：Carnegie Mellon University
• The Great Persuasion: Reinventing Free Markets Since the Depression AI翻译
  作者：Rowan University
• Engines of Growth: The Productivity Advance of Indian Railways, 1874-1912 AI翻译
  作者：University of California System; University of California Irvine; Claremont Colleges; Scripps College
  摘要：Railways were integral to the development of the Indian economy before World War I. This article presents new estimates of total factor productivity (TFP) for railways from 1874 to 1912, which highlight the strong performance of this key industrial sector. Railway-industry TFP growth was substantial averaging 2.3 percent per year and generating a 2.7 percent social savings for the Indian economy. A combination of factors contributed to TFP growth including greater capacity utilization, technol...
• Measuring Up: A History of Living Standards in Mexico, 1850-1950 AI翻译
  作者：University System of Ohio; Ohio State University; National Bureau of Economic Research
• The Oxford Handbook of the Italian Economy Since Unification AI翻译
  作者：Autonomous University of Barcelona
• Sequential Sales as a Test of Adverse Selection in the Market for Slaves AI翻译
  作者：Tulane University
  摘要：When imported slaves were first sold in New Orleans, buyers were unaware of the slaves' unobservable characteristics. In time, the new owners learned more about their slaves and may have resold the lemons. Previous research suggests that buyers anticipated such adverse selection and reduced their bids for these slaves. Consequently, we should observe lower prices for resold slaves. We test this proposition by linking the sequential sales records of 568 slaves. Through a comparison of initial a...
• Configuring Financial Markets in Preindustrial Europe AI翻译
  作者：Utrecht University
  摘要：Secondary markets for public debt in Europe's most advanced preindustrial markets, Britain and the Dutch Republic, differed markedly. They were liquid in Britain, but not in the Republic. This article demonstrates that economic geography determined the shape of primary markets and the secondary markets that were based on them. Configuring financial markets in preindustrial Europe was thus not a uniform process leading to one ideal-type market structure. The development of markets with advanced...
• Documenting Desegregation: Racial and Gender Segregation in Private Sector Employment Since the Civil Rights Act AI翻译
  作者：Duke University
• In Memorium: Robert W. Fogel AI翻译
  作者：Costa, Dora; Goldin, Claudia; Margo, Robert A.
• The Formative Years of the Modern Corporation: The Dutch East India Company VOC, 1602-1623 AI翻译
  作者：Utrecht University; Erasmus University Rotterdam; Erasmus University Rotterdam - Excl Erasmus MC; University of Groningen; University of Amsterdam
  摘要：With their legal personhood, permanent capital, transferable shares, separation of ownership and management, and limited liability, the Dutch and English colonial trading companies VOC and EIC are considered institutional breakthroughs. We analyze the VOC's business operations and financial policy and show that its novel corporate form owed less to foresight than to piecemeal engineering to remedy design flaws. The crucial feature of managerial limited liability was not, as previously thought,...