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We exploit employment data from 10,528 parishes across nineteenth century England and Wales and find that a one standard deviation increase in finance employment increases the annualized growth rate of secondary labour by 0.8 percentage points. An endogenous growth model with finance and...
Persistent link: https://www.econbiz.de/10011342399
What drives change in a society's values? From Marx to modernization theory, scholars have identified a connection between structural transformation and social change. To understand how changes in a society's dominant mode of production affect its dominant values, we examine the case of the...
Persistent link: https://www.econbiz.de/10014364990
How does economic modernization affect group identity? Modernization theory emphasizes how labor migration led to the adoption of common identities. Yet economic development may reduce incentives to emigrate, preserving local cultures. We study England and Wales during the Second Industrial...
Persistent link: https://www.econbiz.de/10015098599
Can colonialism affect today’s urban outcomes? This paper examines the long-run impact of Concessions - foreign-run enclaves established in the late nineteenth century inside Chinese cities by European settlers for residence and investment purposes. They soon became the new economic hubs of...
Persistent link: https://www.econbiz.de/10014486802
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
Persistent link: https://www.econbiz.de/10003497522
Background: The trend in the BMI values of the US population has not been estimated accurately because time series data are unavailable and because the focus has been on calculating period effects. Object: To estimate the trend and rate of change of BMI values by birth cohorts stratified by...
Persistent link: https://www.econbiz.de/10003945803
What are the long-term economic effects of a more equal distribution of wealth? We investigate consequences of land inequality, exploiting variation in land inheritance rules that traverse political, linguistic, geological, and religious borders in Germany. In some German areas, inherited land...
Persistent link: https://www.econbiz.de/10014469170
This paper questions the widely applied parallelism of demographic and economic development in characterizing urban shrinkage in Germany, and argues that the usage of population change as a single indicator leads to incorrect policy recommendations for combating urban shrinkage. As the cases of...
Persistent link: https://www.econbiz.de/10010479355
Weimar achieved urban recovery as a "consumer city" with sub-brandings like a population magnet with a high living-quality, a cultural city with touristic attractions, and a university city. Its intensive cultural promotion policies combined with urban regeneration programs have contributed to...
Persistent link: https://www.econbiz.de/10011717084