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Germany on votes cast for the Nazi and rival Communist and Center parties between 1930 and 1933, evaluating whether radical …
Persistent link: https://www.econbiz.de/10012453607
specific setting we examine is 18th and 19th century Germany, when institutional changes introduced by reforms and …
Persistent link: https://www.econbiz.de/10012459845
markets in Germany. We use these data to test whether medieval universities played a causal role in expanding economic … activity, examining the foundation of Germany's first universities after 1386 following the Papal Schism. We find that the …
Persistent link: https://www.econbiz.de/10012460680
This paper studies how a large increase in the price level is transmitted to the real economy through firm balance sheets. Using newly digitized macro- and micro-level data from the German inflation of 1919-1923, we show that inflation led to a large reduction in real debt burdens and...
Persistent link: https://www.econbiz.de/10014322686
This review essay of the two-volume Cambridge History of Capitalism (2014), edited by Larry Neal and Jeffrey G … criticize the definition of capitalism used in these volumes as too expansive to be useful. I argue that this definition mars … the essays in first volume by stimulating a fruitless search for capitalism in the millennium before the Industrial …
Persistent link: https://www.econbiz.de/10012458007
formal quantitative analysis. We begin with studies of the Dutch Republic, England, the U.S., France, Germany and Japan that …
Persistent link: https://www.econbiz.de/10012470401
Trade theorists have come to understand that their theory is ambiguous on the question: Are trade and factor flows substitutes? While this sounds like an open invitation for empirical research, hardly any serious econometric work has appeared in the literature. This paper uses history to fill...
Persistent link: https://www.econbiz.de/10012472755
Limitations on bank consolidation and branching in the United States at an early date effectively limited the scope of commercial banks and their involvement in financing large-scale industry, and increased information and transaction costs of issuing securities. In contrast, German industry was...
Persistent link: https://www.econbiz.de/10012474543
This note lays out the basic Susceptible-Infected-Recovered (SIR) epidemiological model of contagion, with a target audience of economists who want a framework for understanding the effects of social distancing and containment policies on the evolution of contagion and interactions with the...
Persistent link: https://www.econbiz.de/10012482082
fluctuations in rainfall to capture the exogenous variation in trade between Germany, France, the U.K., and the Ottoman Empire …
Persistent link: https://www.econbiz.de/10012462618