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...
作者：University of Groningen
摘要：Technology shocks and declining productivity have been advanced as important factors driving the Great Depression in the United States, based on real business cycle theory. We estimate an improved measure of technology for interwar manufacturing, using data from the U.S. census reports. There is clear evidence of increasing returns to scale and we find no statistical proof that technology shocks led to changes in hours worked or other inputs. This contradicts a key prediction of real business ...
作者：European Central Bank; Bank of France
摘要：This article analyzes the economics of badmouthing in the context of the pre-1914 French capital market. We argue that badmouthing was a means through which racketeering journals sought to secure property rights over issuers' reputation. We provide a theoretical study of the market setup that emerged to deal with such problems, and we test our predictions using new evidence from contemporary sources.
