作者:University of California System; University of California Berkeley
作者:Vanderbilt University
摘要:Transportation improvements in the nineteenth century loom large in the historiography of the profession during the twentieth century. This article describes the ongoing construction of a historical geographic information systems (GIS) transportation database designed to provide new insights into the impact of the transportation and communications revolution in the continental United States by providing evidence on the spatial dimensions of those changes over time. It also reviews some prelimi...
作者:California Institute of Technology
作者:Universite de Lorraine; Centre National de la Recherche Scientifique (CNRS); CNRS - Institute for Humanities & Social Sciences (INSHS); Universites de Strasbourg Etablissements Associes; Universite de Strasbourg; Centre National de la Recherche Scientifique (CNRS); CNRS - Institute for Humanities & Social Sciences (INSHS)
摘要:The geographical distributions of French and British foreign investment portfolios differ markedly before World War I. Did French portfolios favor European investments just as British portfolios favored New World assets? Should economic rationality have encouraged investors to invest widely in the New World rather than in Europe? Combining Modern Portfolio Theory and a new data set comprising assets listed on the Paris and London Stock Exchanges, we show that investing in the New World did not...
作者:Universidad Carlos III de Madrid; Centre for Economic Policy Research - UK
摘要:This article analyzes the stability of bimetallism for countries operating in integrated bullion markets that enact different legal ratios. I articulate a new theoretical framework to demonstrate that two countries can both be bimetallic only if they coordinate their legal ratios. The theoretical framework is applied to the mid-eighteenth century when London's legal ratio was 3.8 percent higher than that of Amsterdam. I find that Amsterdam was effectively on the bimetallic standard, whereas Lo...
作者:University of California System; University of California Riverside