Journal of Economic History

最新文章

• The Great Depression of the 1930s: Lessons for Today. AI翻译
  作者：Dartmouth College
• Baring, Wellington and the Resurrection of French Public Finances Following Waterloo AI翻译
  作者：Universite Libre de Bruxelles; Universite de Picardie Jules Verne (UPJV); Universite de Picardie Jules Verne (UPJV)
  摘要：Following Waterloo, managing French public finances represented a daunting task as the country had lost a substantial part of its population and territory and had to pay huge amounts as reparations to the victors. Despite this, in just ten years, France managed to issue substantial amounts of debt with a spread, compared to the British consol, falling from more than 400 to 100 basis points. We argue that the Duke of Wellington was key in creating an environment in which Baring had an incentive...
• Mercantilism Reimagined: Political Economy in Early Modern Britain and Its Empire. AI翻译
  作者：Northwestern University
• The Price of Media Capture and the Debasement of the French Newspaper Industry During the Interwar AI翻译
  作者：European Central Bank; Bank of France; European Central Bank; Bank of France; Universite Paris Nanterre
  摘要：Measurement of the value of media capture (the control of newspapers by business or political interests) is difficult. However, if capture is valuable, it should affect the price of newspaper shares. Useful information about the value of media capture should be retrievable from Stock Exchange data. Interwar France provides a unique setting to implement this idea because key newspapers floated voting and nonvoting stocks. Combined with takeover prices, data yield estimates of the price of media...
• The Role of Publicly Provided Electricity in Economic Development: The Experience of the Tennessee Valley Authority, 1929-1955 AI翻译
  作者：University of Mississippi
  摘要：I study the impacts of one of the largest regional development projects in American History, the Tennessee Valley Authority (TVA), on a variety of economic outcomes. The TVA has been noted as an example of how to develop a region's water power potential to stimulate growth. In what follows, I show using a county-level panel dataset, that the TVA had little impact on economic growth in the South. I attribute these results to the institutional history of the TVA and the contractual agreements it...
• Mastering Iron: The Struggle to Modernize an American Industry, 1800-1868. AI翻译
  作者：University of Vermont
• Industry and Revolution: Social and Economic Change in the Orizaba Valley, Mexico AI翻译
  作者：Boston University
• How the Bank of France Changed US Equity Expectations and Ended the Panic of 1907 AI翻译
  作者：State University of New York (SUNY) System; State University of New York (SUNY) - Oswego; University of Louisiana System; University of New Orleans
  摘要：Using an event study approach, we find the announcement by the Bank of France in 1907 to accelerate gold payments directly for U.S. crops is associated with the ultimate upturn in U.S. equity prices. Spillover to the French financial markets accompanied the Regents' decision to release sterilized reserves, thereby arresting the drainage of coin in French circulation. Counterfactual analysis shows that the facility alone would have been unlikely to end the crisis. Investors may have revised equ...
• Their Fair Share: Taxing the Rich in the Age of FDR AI翻译
  作者：University of Michigan System; University of Michigan
• The Education of Nations: How the Political Organization of the Poor, Not Democracy Led Governments to Invest in Mass Education. AI翻译
  作者：Universidade Federal de Pernambuco