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作者:University of London; London School Economics & Political Science
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作者:University of Illinois System; University of Illinois Urbana-Champaign
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作者:University of Toronto
摘要:I examine prenuptial contracting behavior in early-nineteenth-century Quebec to explore property rights within families and the efficacy of marital property laws. Drawing on a transaction cost framework, I examine the decision to sign a contract and couples' property rights choices. I find, for example, that couples signing contracts tended to choose joint ownership of property when wives were particularly important to the household. These findings illustrate the potential effects of legal ins...
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作者:Williams College
摘要:Corporate groups have been very important in the economies of many developing countries, including prewar Japan, where zaibatsu controlled approximately one-third of the capital stock. Regression analysis of a new firm-lever financial data set distinguishes the economic behavior of zaibatsu member firms from independent firms. The only significant difference between old-zaibatsu member firms and independent firms is that some measures of earnings of old zaibatsu were less stable. The earnings ...
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作者:National Taiwan University; Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park
摘要:In Taiwan during the Japanese colonial period, sugarcane was typically purchased by Japanese-owned sugar mills at prices guaranteed long in advance of delivery. In some places, the future price was indexed to the price of rice in the following year. This study points out that indexing served to insure farmers' real incomes. But as an insurance against an aggregate risk, this arrangement threatened the mill's profits. We investigate why mills nevertheless offered the insurance.
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作者:University of Portsmouth
摘要:Va Nee. L. Van Vleck has sought, in a recent issue of this JOURNAL, to dismiss Thorstein Veblen's characterization of the British system of coal rail haulage as embodying serious inefficiencies arising from the interrelatedness of its rolling stock and infrastructure, which inhibited modernization. This she rejects in favor of an alternative view of the small coal wagon, understanding it within a broader system of distribution in which the small wagon provided flexibility and substituted for t...
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作者:University of Portsmouth
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作者:Santa Clara University
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作者:University of California System; University of California Berkeley
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作者:University of Illinois System; University of Illinois Urbana-Champaign