作者:University of London; London School Economics & Political Science
作者:Amherst College
摘要:Until the 1790s marine insurance in the United States was organized by brokers and underwritten by private individuals. Beginning in 1792, however, the private underwriters had to compete with newly formed marine insurance corporations. Each organizational form had advantages and disadvantages. This article uses archival data from a private underwriter and a corporation to study how the competition between these different organizational forms was affected by a powerful exogenous shock which su...
作者:New Economic School; University of Warwick; University of Warwick; University of Birmingham; Stanford University
摘要:The last remaining gap in the national accounts of Russia and the USSR in the twentieth century, 1913 to 1928, includes the Great War, the Civil War, and postwar recovery. Filling this gap, we find that the Russian economy did somewhat better in the Great War than was previously thought; in the Civil War it did correspondingly worse; war losses persisted into peacetime, and were not fully restored under the New Economic Policy. We compare this experience across regions and over time. The Great...
作者:City University of New York (CUNY) System; City College of New York (CUNY)
作者:Sogang University
摘要:Using longitudinal data linked to the 1850 and 1860 U.S. federal census manuscript schedules, this article examines the effect of migration to high-risk malaria counties on real estate wealth accumulation. Although the migrants recognized the risk of malaria, they still migrated to malarial regions. Those who migrated to areas with higher risk of malaria experienced smaller increases in real estate wealth than migrants to less malarial areas. The findings in this study provide historical evide...