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Tariffs, trains, and trade : the role of institutions versus technology in the expansion of markets

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setting of 19th century Europe presents a unique opportunity to address this issue, since it witnessed fundamental change in … markets in 19th century Europe is in major part due to the transportation revolution in form of the railways. There is …

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A long-term perspective on the euro

Bordo, Michael D.; James, Harold - 2008

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The heights of Europeans since 1750 : a new source for European economic history

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Assessing Market (Dis)Integration in Early Modern China and Europe

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This paper challenges established claims of comparable degrees of market integration in Europe and China on the eve of … from Western Europe we conclude that in terms of market integration the Great Divergence was well under way decades before …

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The Rate of Return on Everything, 1870-2015

Jordà, Òscar - 2018

This paper answers fundamental questions that have preoccupied modern economic thought since the 18th century. What is the aggregate real rate of return in the economy? Is it higher than the growth rate of the economy and, if so, by how much? Is there a tendency for returns to fall in the...

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'Whatever Is, Is Right'? Economic Institutions in Pre-Industrial Europe (Tawney Lecture 2006)

Ogilvie, Sheilagh - 2021

conflicts provide a better explanation than efficiency for the core economic institutions of pre-industrial Europe - serfdom …

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Populism and the economics of globalization

Rodrik, Dani - 2017

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