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作者:Barr, Jason
作者单位:Rutgers University System; Rutgers University Newark
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作者:Curtis, Matthew
作者单位:University of Southern Denmark
摘要:When did marriage become strongly assortative? I use a uniquely suitable database from Quebec 1800-1970 to provide the long-run perspective necessary to answer this question. First, I develop a novel method that reveals that marriage was highly assortative as far back as the early nineteenth century. Next, I show this matching depends on the individual human capital of women, not just on family backgrounds. Finally, I show that mothers had an effect on child outcomes independent of the fathers...
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作者:Dossou-Cadja, Rodrigue
作者单位:Centre National de la Recherche Scientifique (CNRS)
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作者:Korchmina, Elena; Malinowski, Mikolaj
作者单位:University of Bologna; University of Groningen
摘要:We measure pre- and post-tax income inequality in Moscow Province in 1811. We collect new data on incomes for 7,399 asset-holding households, including all registered aristocrats and merchants. We estimate the average incomes of 21 additional social groups using financial records from government and private businesses. Combining this data, we construct a social table and measure top-tier income concentration, Gini coefficient, and the Extraction Ratio. Our findings reveal that serfdom resulted...
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作者:Lennard, Jason; Paker, Meredith M.
作者单位:London School Economics & Political Science; University of London; London School Economics & Political Science; Centre for Economic Policy Research - UK; Grinnell College
摘要:This paper evaluates how a major policy shift-the suspension of the gold standard in September 1931-affected employment outcomes in interwar Britain. We use a new high-frequency industry-level dataset and difference-in-differences techniques to isolate the impact of devaluation on exporters. At the micro level, the break from gold reduced the unemployment rate by 2.7 percentage points for export-intensive industries relative to non-export industries. At the aggregate level, this effect stimula...
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作者:Bach, Maria
作者单位:University of Lausanne
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作者:Huning, Thilo R.; Wolf, Nikolaus
作者单位:University of York - UK; Humboldt University of Berlin
摘要:Does the location of a state relative to others matter? We argue that a state's location can affect its bargaining power, and thus multilateral relations if trade costs depend on trade routes that pass through other states. This is an important, yet neglected aspect of economic history. We show how an exogenous border change-caused by Britain's intervention at Vienna in 1815-affected the location and trade routes of Prussia and other German states. We find that this border change led to the fo...
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作者:Caum-Julio, Jordi
作者单位:University of Barcelona
摘要:This paper uses a novel georeferenced cross-sectional dataset to explore which factors influenced the funding of hospitals and dispensaries in colonial India, emphasizing land tenure systems as a cause of regional variation. Where land was owned by cultivators, healthcare facilities received more resources from local public bodies and were better funded compared to regions where land was owned by landlords. In contrast, in landlord regions they received more private donations and subscriptions...
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作者:Moore, Lyndon; Verdickt, Gertjan
作者单位:Monash University; University of Auckland
摘要:The Reconstruction Finance Corporation and Public Works Administration loaned 50 U.S. railroads over $1.1 billion between 1932 and 1939. The government's goal was to increase employment and decrease the likelihood of bond defaults. Bailouts appear to have had little effect on employment, but we estimate that they did increase the average wage of railroad employees. Bailouts are estimated to have reduced firm debt, but did not significantly impact bond default. We find some evidence that manufa...
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作者:Esteves, Rui; Kenny, Sean; Lennard, Jason
作者单位:University College Cork; Lund University; University of London; London School Economics & Political Science; Centre for Economic Policy Research - UK
摘要:This paper investigates the causal effects of sovereign debt crises in a sample of 50 defaulting economies between 1870 and 2010. As default is potentially endogenous, we use the narrative approach to identify plausibly exogenous episodes. We find economically and statistically significant costs of up to 3.2 percent of GDP before recovering to the pre-crisis level after five years. The average aftermath, however, conceals a large heterogeneity by default cause. Defaults originating from negati...