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Did Vasco Da Gama Matter for European Markets? Testing Frederick Lane's Hypotheses Fifty Years Later

O'Rourke, Kevin H. - 2009

century Venetian spice markets were already well integrated with those in Iberia and northern Europe, implying that Portugal … Europe. In addition, it explores European market integration before and after 1503, the year when da Gama returned from his …

Persistent link: https://www.econbiz.de/10012767453

"Around the European Periphery 1870-1913 : Globalization, Schooling and Growth"

O'Rourke, Kevin H.; Williamson, Jeffrey G. - 2021

On average, the poor European periphery converged on the rich industrial core in the four or five decades prior to World War I. Some, like the three Scandinavian economies, used industrialization to achieve a spectacular convergence on the leaders, especially in real wages and living standards....

Persistent link: https://www.econbiz.de/10013236789

What Drove the Mass Migrations from Europe in the Late Nineteenth Century?

Hatton, Timothy J.; Williamson, Jeffrey G. - 2021

This paper examines the determinants of overseas mass migration from eleven European countries in the late 19th century. They typically passed through something like a half-century life-cycle: a steep rise in emigration rates from low levels in preindustrial decades, followed by a plateau of...

Persistent link: https://www.econbiz.de/10013247228

Mass Migration, Commodity Market Integration and Real Wage Convergence : The Late Nineteenth Century Atlantic Economy

Williamson, Jeffrey G.; O'Rourke, Kevin H.; Hatton, … - 2021

As part of a process that has been at work since 1850, real wages among the current OECD countries converged during the late 19th century. The convergence was pronounced as that which we have seen in the post World War Il period. This paper uses computable general equilibrium models to isolate...

Persistent link: https://www.econbiz.de/10013246532

Inequality and Schooling Responses to Globalization Forces : Lessons from History

Williamson, Jeffrey G. - 2014

abundant Europe and the high-wage, labor scarce New World. Those global forces contributed to a reduction in unskilled labor … scarcity in the New World and to a rise in unskilled labor scarcity in Europe. Thus, it contributed to rising inequality in … overseas countries, like the United States, and falling inequality in most of Europe. Falling unskilled labor scarcity and …

Persistent link: https://www.econbiz.de/10012752104