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London Fog : A Century of Pollution and Mortality, 1866-1965

Hanlon, W. Walker - 2018

This study provides new evidence on the impact of air pollution in London over the century from 1866-1965. To identify … weeks with elevated pollution levels I use new data tracking the timing of London's famous fog events, which trapped … exposure due to fog events accounted for at least one out of every 200 deaths in London during this century. I provide evidence …

Persistent link: https://www.econbiz.de/10012453227

Temperature, Disease, and Death in London : Analyzing Weekly Data for the Century from 1866-1965

Hanlon, W. Walker - 2020

Using weekly mortality data for London spanning 1866-1965, we analyze the changing relationship between temperature and … the timing of the infant mortality decline in London …

Persistent link: https://www.econbiz.de/10012481527

The Rise of the Engineer : Inventing the Professional Inventor During the Industrial Revolution

Hanlon, W. Walker - National Bureau of Economic Research - 2022

Why was the Industrial Revolution successful at generating sustained growth? Some have argued that there was a fundamental change in the way that new technology was developed during this period, but evidence for this argument remains largely anecdotal. This paper provides direct quantitative...

Persistent link: https://www.econbiz.de/10012938720

Analyzing the Agenda of the U.K. Parliament Over the Long Run

Hanlon, W. Walker - National Bureau of Economic Research - 2022

This article develops a method for quantitatively tracking the agenda of the British Parliament--by which I mean the substantive topics on which Parliamentary debate was focused--from 1810-2005 using descriptions of 1.7 million Parliamentary debates from the Parliamentary Hansard. This provides...

Persistent link: https://www.econbiz.de/10013210049

A Penny for Your Thoughts

Hanlon, W. Walker; Heblich, Stephan; Monte, Ferdinando; … - National Bureau of Economic Research - 2022

How do communication costs affect the production of new ideas and inventions? To answer this question, we study the introduction of the Uniform Penny Post in Great Britain in 1840. This reform replaced the previous system of expensive distance-based postage fees with a uniform low rate of one...

Persistent link: https://www.econbiz.de/10013210104

Censorship, Family Planning, and the Historical Fertility Transition

Beach, Brian - 2019

The historical fertility transition is one of the most important events in economic history. This study provides new evidence on the role that ideas about family planning played in this transition. We begin by documenting a link between the famous Bradlaugh-Besant trial that took place in...

Persistent link: https://www.econbiz.de/10012479703

Sterling in crisis : 1964-1967

Bordo, Michael D. - 2009

We provide the first econometric study of foreign exchange market intervention for the UK during the sterling crises from 1964-1967. We use daily data on spot and forward dollar/sterling exchange rates and reserve movements which allows a more precise description of the loss of credibility...

Persistent link: https://www.econbiz.de/10012463992

Charles Goodhart's Contributions to the History of Monetary Institutions

Bordo, Michael D. - 2002

Our paper examines Charles Goodhart's work on the history of monetary institutions: central bank operations under the gold standard, their behaviour in relation to the financial system in which they functioned, including their responses to banking crises, and their performance as lenders of last...

Persistent link: https://www.econbiz.de/10012469998

Aggregate Price Shocks and Financial Stability : The United Kingdom 1796-1999

Bordo, Michael D. - 2001

This paper investigates the impact historically of aggregate price shocks on financial stability in the United Kingdom. We construct an annual index of U.K. financial conditions for 1790-1999 and use a dynamic probit model to estimate the effect of aggregate price shocks on the index. We find...

Persistent link: https://www.econbiz.de/10012470133

Bond Market Inflation Expectations in Industrial Countries : Historical Comparisons

Bordo, Michael D. - 2001

We define the Fisherian Golden Rule measure of bond market inflation expectations as the difference between bond rates and trend real GDP growth rates. The concept is based on the Fisherian theory that an increase in longer-term inflation expectations would be reflected in longer-term interest...

Persistent link: https://www.econbiz.de/10012470134