The lack of universal deposit insurance coverage can create liquidity risk during financial crises. This aspect of deposit insurance is hard to test in modern data because of the broad coverage of most systems. We, therefore, study the role that the U.S. Postal Savings System played in...

Building and Loan Associations (B&Ls) financed over half of new houses constructed in the U.S. during the 1920s but they lost their predominance within the following decades as they were pushed to convert into Savings and Loans (S&Ls). This study examines whether the U.S. government-insured...

Abstract Der Artikel untersucht die Auswirkungen von Privatisierungsprozessen auf UNISON, eine Dienstleistungsgewerkschaft, die nach den Gewerkschaftszusammenschlüssen der 1990er Jahre Großbritanniens größte Gewerkschaft ist. Er leistet einen Beitrag zu der Diskussion um die Wirkung von...

"For two decades, the consensus explanation of the British Industrial Revolution has placed technological change and the supply side at center stage, affording little or no role for demand or overseas trade. Recently, alternative explanations have placed an emphasis on the importance of trade...