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Did caselaw foster England's economic development during the industrial revolution? : data and evidence
Grajzl, Peter; Murrell, Peter - 2022
We generate and analyze data pertinent to the role of caselaw in England's economic development during the Industrial Revolution. Applying topic modeling to a corpus of 67,455 reports on English court cases, we construct annual time series of caselaw developments between 1765 and 1865. We then...
Persistent link: https://www.econbiz.de/10013453766
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Capital-skill complementarity and the emergence of labor emancipation
Ashraf, Quamrul H.; Cinnirella, Francesco; Galor, Oded; … - 2017
plausibly exogenous source of variation in early industrialization across regions of nineteenth-century Prussia, capital …
Persistent link: https://www.econbiz.de/10011638304
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Bohemians, human capital, and regional economic growth
Falck, Oliver; Fritsch, Michael; Heblich, Stephan - 2009
An emerging literature on the geography of bohemians argues that a region's lifestyle and cultural amenities explain, at least partly, the unequal distribution of highly qualified people across space, which in turn, explains geographic disparities in economic growth. However, to date, there has...
Persistent link: https://www.econbiz.de/10003861818
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Catch me iIf you can : education and catch-up in the industrial revolution
Becker, Sascha O.; Hornung, Erik; Woessmann, Ludger - 2009
industrialization itself. We find that basic education significantly accelerated non-textile industrialization in both phases of the … Industrial Revolution. -- human capital ; industrialization ; Prussian economic history …
Persistent link: https://www.econbiz.de/10003888965
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Measuring inflation expectations in interwar Britain
Lennard, Jason; Meinecke, Finn; Solomou, Solomos - 2021
What caused the recovery from the British Great Depression? A leading explanation - the "expectations channel" - suggests that a shift in expected inflation lowered real interest rates and stimulated consumption and investment. However, few studies have measured, or tested the economic...
Persistent link: https://www.econbiz.de/10012669620
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Monthly GDP estimates for inter-war Berlin
Mitchell, James; Solomou, Solomos; Weale, Martin - 2011
We derive monthly and quarterly series of UK GDP for the inter-war period from a set of monthly indicators that were constructed by The Economist at the time. The monthly information is complemented with data for quarterly industrial production, allowing us to employ mixed-frequency methods to...
Persistent link: https://www.econbiz.de/10009307942
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Brain drain in the age of mass migration : does relative inequality explain migrant selectivity?
Stolz, Yvonne; Baten, Jörg - 2012
Brain drain is a core economic policy problem for many developing countries today. Does relative inequality in source and destination countries influence the brain-drain phenomenon? We explore human capital selectivity during the period 1820-1909.We apply age heaping techniques to measure human...
Persistent link: https://www.econbiz.de/10009488997
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Sovereign bonds since Waterloo
Meyer, Josefin; Reinhart, Carmen M.; Trebesch, Christoph - 2019
This paper studies external sovereign bonds as an asset class. We compile a new database of 220,000 monthly prices of foreign-currency government bonds traded in London and New York between 1815 (the Battle of Waterloo) and 2016, covering 91 countries. Our main insight is that, as in equity...
Persistent link: https://www.econbiz.de/10011973856
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The impact of industrialization on secondary schooling during the industrial revolution : evidence from 19th century France
Franck, Raphaël - 2023
This study explores the impact of industrialization on secondary schooling in 19th century France. As a source of … exogenous variation in industrialization across the French territory, it takes advantage of the openings and closures of mines … that industrialization had a negative but mostly insignificant effect on high-school enrollment. However, industrialization …
Persistent link: https://www.econbiz.de/10013486144
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Institutions and economic growth in historical perspective : part 2
Ogilvie, Sheilagh C.; Carus, A. W. - 2014
This is Part 2 of a two-part paper which surveys the historical evidence on the role of institutions in economic growth. The paper provides a critical scrutiny of a number of stylized facts widely accepted in the growth literature. It shows that private-order institutions have not historically...
Persistent link: https://www.econbiz.de/10010371915