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作者:Vanderbilt University
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作者:University of North Dakota Grand Forks
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作者:University of North Carolina; University of North Carolina Chapel Hill
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作者:University of California System; University of California Davis
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作者:Vanderbilt University; National Bureau of Economic Research
摘要:The 1940s marked a turning point in the labor market outcomes of African-American women. They experienced large wage gains relative to white women, sharp declines in agricultural and domestic service work, and significant increases in formal sector employment. Using a semiparametric decomposition technique, we assess the influence of changes in productive and personal characteristics, in workers' distribution across occupations and locations, and in the wage structure on both black women's abs...
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作者:Santa Clara University; National Bureau of Economic Research
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作者:Vanderbilt University
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作者:University of London; London School Economics & Political Science
摘要:This article assesses train speeds in England and Wales 1843-1912. Trains were fast compared with coaches or walking, and the social saving of time saved grew over time to become over 10 percent of national income in 1912. Including fare savings as well, social savings were 14 percent of national income in 1912, with consumer surplus of 6 percent. Time savings dominated fare savings once railways became a new good: travel for the masses. Using the social savings-total factor productivity ident...
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作者:University of Vermont
摘要:Revisiting an old debate between traditional historians and New economic historians about the short-run monetary effects of President Jackson's war on the Second Bank, I offer new arguments for the traditionalists. I develop a framework accounting for growth in commercial bank credit based on the investment club characteristics of antebellum state-chartered banking and apply it to state bank balance sheet data for 1830-1836. The removal of the Second Bank indeed magnified the boom in commercia...
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作者:University of Colorado System; University of Colorado Boulder; University of Colorado System; University of Colorado Boulder; National Bureau of Economic Research; Northwestern University; Allegheny College
摘要:We examine the politics of the Salary Grab of 1873, legislation that increased congressional salaries retroactively by 50 percent. A group of New England and Midwestern elites opposed the Salary Grab, along with congressional franking and patronage-based civil service appointments, as part of a reform effort to reshape who should govern Congress. Our analyses of congressional voting confirm the existence of this nonparty elite coalition. Although these elites lost many legislative battles in t...