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The French Revolution of 1789 had a momentous impact on neighboring countries. The French Revolutionary armies during … the 1790s and later under Napoleon invaded and controlled large parts of Europe. Together with invasion came various … that the Revolution destroyed (the institutional underpinnings of) the power of oligarchies and elites opposed to economic …
Persistent link: https://www.econbiz.de/10014209326
We study a novel dataset compiled from archival records, which includes information on men's wages, union status, educational attainment, work history, and other background variables for several cities circa 1950. Such data are extremely rare for the early post-war period when U.S. unions were...
Persistent link: https://www.econbiz.de/10012953994
How can workers have a voice in the face of declining unionization and rising nontraditional career paths? To demonstrate how a new labor market institution can emerge, I develop a model of fundraising by a workers' organization in which the founder must allocate resources between the provision...
Persistent link: https://www.econbiz.de/10013212566
Different beliefs about how fair social competition is and what determines income inequality, influence the redistributive policy chosen democratically in a society. But the composition of income in the first place depends on equilibrium tax policies. If a society believes that individual effort...
Persistent link: https://www.econbiz.de/10013134300
This paper analyzes the effects of top earnings tax rates on the international migration of football players in Europe …
Persistent link: https://www.econbiz.de/10013135873
This paper uses a unique dataset to study how firms managed liquidity during the financial crisis. Our analysis provides new insights on the interactions between internal liquidity, external funds, and real corporate decisions, such as investment and employment. We first describe how companies...
Persistent link: https://www.econbiz.de/10013138771
stabilizers in Eastern and Southern Europe are much lower than in Central and Northern European countries. We also investigate …
Persistent link: https://www.econbiz.de/10013139144
In the aftermath of World War II, the world's economies exhibited very different rates of economic recovery. We provide evidence that those countries that caught up the most with the U.S. in the postwar period are those that also saw an acceleration in the speed of adoption of new technologies....
Persistent link: https://www.econbiz.de/10013115686
In the summer of 1931, a financial crisis began in Austria, spread to Germany, forced Britain to abandon the gold standard, crossed the Atlantic, and afflicted financial institutions in the United States. This article describes how banks in New York City, the central money market of the United...
Persistent link: https://www.econbiz.de/10013120280
Europeans restricted their fertility long before the Demographic Transition. By raising the marriage age of women and ensuring that a substantial proportion remained celibate, the "European Marriage Pattern" (EMP) reduced childbirths by up to one third between the 14th and 18th century. In a...
Persistent link: https://www.econbiz.de/10013121013