作者:California Institute of Technology
作者:University of California System; University of California Davis; Harvard University; University of Wisconsin System; University of Wisconsin Madison
摘要:Building social tables in the tradition of Gregory King, we develop new estimates suggesting that between 1774 and 1800 American incomes fell in real per capita terms. The colonial South was richer than the North at the start, but was already beginning to lose its income lead by 1800. We also find that free American colonists had much more equal incomes than did households in England and Wales. The colonists had greater purchasing power than their English counterparts over all of the income ra...
作者:University of Northern Iowa
作者:University of California System; University of California Berkeley
作者:Tilburg University; Tilburg University; University of Melbourne
摘要:The late Victorian era was characterized by close links between politicians and firms in the United Kingdom, with up to half of all members of Parliament serving as company directors. We analyze 467 British companies over the period 1895 to 1904. An analysis of election results shows that the election of a new tech director is associated with a 2 percent to 2.5 percent increase in that firm's share price, whereas old tech firms were unaffected by the electoral fortunes of their directors. New ...