作者：Hanes, C
摘要：In the eighteenth-century British Empire and the antebellum South, slaves were concentrated in domestic service and rural enterprises like agriculture and iron-works. I argue that employers in these sectors chose to employ slaves rather than free labor because they faced especially high turnover costs-that is, costs of searching for a worker and going without labor when a free worker quit or was fired. In the absence of slavery, these sectors were marked by other institutions designed to deal ...
作者：Ma, DB
摘要：From the mid-nineteenth century, the raw-silk trade served as the most important trade linkage between the then stilt largely closed economies of East Asia and the industrialized West. This article traces the evolution of the global raw-silk market during the period 1850 through 1930. Using comprehensive data on ram-silk prices and quantities and applying co-integration techniques, I find a well-integrated global raw-silk market evolved during this period. This article also examines the evolut...
作者：Federal Reserve System - USA; Johns Hopkins University
