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Persistent link: https://www.econbiz.de/10003597971
Historical events are reflected in asset prices. In this paper, we analyse government bond prices of Germany and Austria traded on the Swiss bourse during WWII. Some war events that are generally considered crucial are clearly reflected in government bond prices. This holds, in particular, for...
Persistent link: https://www.econbiz.de/10009781716
This study investigates the long-term influence of colonial legacy on the nexus between inward foreign direct investment (FDI) and labor market. We construct a panel dataset containing 285 Chinese cities 2011 to 2017 along with detailed information about Chinese modern history during 1842-1955)....
Persistent link: https://www.econbiz.de/10012238484
This paper exploits a short-lived cooperation program between the U.S.S.R. and China, which led to the construction of …
Persistent link: https://www.econbiz.de/10012026413
This paper challenges established claims of comparable degrees of market integration in Europe and China on the eve of … process of market disintegration in 221 prefectures of Qing China. Comparing our results with those for grain price panels …
Persistent link: https://www.econbiz.de/10011375678
Edwards and Ogilvie (2008) dispute the empirical basis for the view (Greif, e.g., 1989, 1994, 2006) that multilateral reputation mechanism mitigated agency problems among the eleventh-century Maghribi traders. They assert that the relations among merchants and agents were law-based. This paper...
Persistent link: https://www.econbiz.de/10003730316
In recent years, a large academic debate has tried to explain the rapid rise in CEO pay experienced over the past three decades. In this article, I review the main proposed theories, which span views of compensation as the result of a competitive labor market for executives to theories based on...
Persistent link: https://www.econbiz.de/10003790763
Trends in BMI values are estimated by centiles of the US adult population by birth cohorts 1886-1986 stratified by ethnicity. The highest centile increased by some 18 to 22 units in the course of the century while the lowest ones increased by merely 1 to 3 units. Hence, the BMI distribution...
Persistent link: https://www.econbiz.de/10003994174
Little research exists on the historical relationship between BMI variation, wealth, and inequality. This study finds that 19th century US black and white BMIs were distributed symmetrically; neither wasting nor obesity was common. Nineteenth century BMI values were also greater for blacks than...
Persistent link: https://www.econbiz.de/10008806677
Persistent link: https://www.econbiz.de/10003624695