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作者：William & Mary
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作者：University System of Ohio; Ohio Wesleyan University
摘要：Colonial societies exhibit peculiar institutions frequently attributed to the unequal and exploitative nature of the relations between colonizer and colonized. Repartimiento has been depicted as a coercive system of production and consumption designed by Spaniards to draw reluctant Amerindians into the market. An examination of repartimiento through the lens of New Institutional Economics provides an alternative understanding of this credit system. Characteristics of the repartimiento most oft...
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作者：Colby College
摘要：This article analyzes rural-urban migration in Great Britain in the latter half of the nineteenth century. Using a new dataset of 28,000 individuals matched between the 1851 and 1881 population censuses, I examine the selection process and treatment effect of migration, controlling for the endogeneity of the migration decision. I find that urban migrants were positively selected - the best of the rural labor pool - and that the economic benefits of migration were substantial. Migrants responde...
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作者：Flandreau, M; Jobst, C
摘要：Conventional studies of the late-nineteenth-century international monetary system refer heuristically to core and peripheral countries. In this article, we seek to provide rigorous foundations to such expressions. Applying a formal procedure borrowed from network analysis produces indices of centrality and systematic rankings. We show that the international monetary system of the late nineteenth century is best described as a three-tier system. Other findings include the discovery of a closely...
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作者：Trinity University
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作者：University of Cambridge
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作者：University of Delaware
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作者：Yale University
摘要：In the United States a century ago, working children turned over almost all of their earnings to their parents. What incentives, then, did they have to work? Standard answers include altruism or the sticks wielded by parents and employers. This article argues that there were also carrots: working gave children greater influence in household decision making. Using data from the Bureau of Labor Statistics Cost of Living Survey 1917-1919, this article shows that working children had higher clothi...
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作者：Santa Clara University
摘要：Even after controlling for local economic conditions, differences in supervision and regulation help explain the large variation in state bank suspension rates across U.S. counties during the Great Depression. More stringent capital requirements lowered suspension rates whereas laws prohibiting branch banking and imposing high reserve requirements raised them. States whose bank supervisors could liquidate banks minimized contagion and credit-channel dislocations and experienced lower suspensio...
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作者：American University
