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New data on individual worker’s outputs show that New England ring spinners exhibited substantial on the job learning c. 1905. Despite this, variable capital-labour ratios meant high labour turnover reduced aggregate labour productivity only fractionally. The combination of variable...
Persistent link: https://www.econbiz.de/10005870600
In an influential article Saxonhouse and Wright argued that the quality of local cottonwas the single most important factor in explaining national preferences for ring ormule spinning. For Britain, they argue that mills using more flexible mule spindlescould exploit arbitrage opportunities...
Persistent link: https://www.econbiz.de/10005870603
This paper re-examines theories previously advanced to explain Lancashire’s slowadoption of ring spinning. New cost estimates show that although additionaltransport costs and technical complementarities between certain types of machinereduced ring adoption rates, these supply side constraints...
Persistent link: https://www.econbiz.de/10005870750
This paper reassesses and extends Hawke’s passenger railway social savings for England and Wales. Better estimates of coach costs and evidence that third class passengers would otherwise have walked reduce Hawke’s social savings by two-thirds. We calculate railway speeds, and the amount and...
Persistent link: https://www.econbiz.de/10005870947
The Market in Financial Instruments Directive (MiFID) aims to increasecompetition and to foster client protection in the European financialmarket. Among other provisions, it abolishes the concentration rule andchallenges the market ower of existing trading venues. The directiveintroduces venue...
Persistent link: https://www.econbiz.de/10009435139
The European Online Games, Social Media and Mobile Application sector has grown substantially in recent years and children are exposed to increasingly sophisticated marketing techniques online which are often outside the purview of existing regulatory frameworks. This study aims to provide a...
Persistent link: https://www.econbiz.de/10011998853
A review of the United Nations Human Rights Council is currently under way in Geneva and New York and is set to be finished by July 2011. This study analyses the role of the European Union in the Human Rights Council since the inception of the Council in 2006, and then considers its role in the...
Persistent link: https://www.econbiz.de/10011902450
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