作者：Yeager, TJ
摘要：When the Spaniards conquered the New World, they resorted to a form of native labor organization called the encomienda. The encomienda differed from slavery in that the Crown imposed inheritance, trading, and relocation restrictions on encomenderos. Such restrictions cost the Crown revenue by providing incentives for colonists to deplete more quickly the stock of native labor and by keeping native labor in areas of low-revenue productivity. This loss of revenue makes the Crown's preference for...
作者：HERR, E
摘要：This study uses a sample drawn from the 1880 Manuscript Census of Colorado to investigate the influence of individual and regional characteristics on the labor force participation rates of both single and married women in areas with different production characteristics. Results show that the determinants of labor force participation differ considerably for single and married women, but they also show strong consistency within each group. Labor force participation rates are also influenced by g...
作者：University of Oxford
摘要：This article offers a new interpretation of the low level of investment in Germany during the interwar period. Earlier contributions attributed the slow expansion of capital stock either to excessive wages due to state intervention and unionization or to the high cost of capital. These hypotheses are tested by estimating a cointegration model of investment. Counterfactual simulations demonstrate that lower wages would have lowered investment still further and that high interest rates acted as ...
