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Poverty Traps, Distance, and Diversity : The Migration Connection

Williamson, Jeffrey G. - 2006

Within-country ethnic diversity in high-wage immigrant nations is driven by long distance migration. This paper documents the migration-diversity connection for the first global century before 1914 and the second global century after 1950. It distinguishes between ethnic diversity among the...

Persistent link: https://www.econbiz.de/10012466114

International Migration in the Long-Run : Positive Selection, Negative Selection and Policy

Hatton, Timothy J. - 2004

Most labor scarce overseas countries moved decisively to restrict their immigration during the first third of the 20th century. This autarchic retreat from unrestricted and even publicly-subsidized immigration in the first global century before World War I to the quotas and bans introduced...

Persistent link: https://www.econbiz.de/10012468164

Bank Chartering and Political Corruption in Antebellum New York : Free Banking as Reform

Bodenhorn, Howard - 2004

One traditional and oft-repeated explanation of the political impetus behind free banking connects the rise of Jacksonian populism and a rejection of the privileges associated with corporate chartering. A second views free banking as an ill-informed inflationist, pro business response to the...

Persistent link: https://www.econbiz.de/10012468214

Just and Reasonable Treatment : Racial Treatment in the Terms of Pauper Apprenticeship in Antebellum Maryland

Bodenhorn, Howard - 2003

This paper investigates the economics of pauper apprenticeship in antebellum Maryland and several results emerge. Contrary to some earlier interpretations, the system did not arbitrarily indent poor children. Court officials negotiated contracts that reflected an apprentice's productivity;...

Persistent link: https://www.econbiz.de/10012468946

Winners and Losers Over Two Centuries of Globalization

Williamson, Jeffrey G. - 2002

concludes with four lessons of history and an agenda for international economists, including more attention to the impact of …

Persistent link: https://www.econbiz.de/10012469549

The Complexion Gap : The Economic Consequences of Color among Free African Americans in the Rural Antebellum South

Bodenhorn, Howard - 2002

Historians of U.S. race relations typically portray southern whites as reluctant to recognize or act favorably upon complexion-based differences within the African American community. Historians contend that mixed-race African Americans (mulattoes) received few advantages as a result of their...

Persistent link: https://www.econbiz.de/10012469757

"Convergence in the Age of Mass Migration"

Taylor, Alan M. - 1994

Between 1870 and 1913, economic convergence among present OECD members (or even a wider sample of countries) was dramatic, about as dramatic as it has been over the past century and a half. The convergence can be documented in GDP per worker-hour, GDP per capita and in real wages. What were the...

Persistent link: https://www.econbiz.de/10012474217

The Evolution of Bank Boards of Directors in New York, 1840-1950

Bodenhorn, Howard - 2014

Contemporary bank governance is criticized for manager-dominated (insider) boards of directors, but from the beginning of the nineteenth century, bank presidents appear also to have operated as chairmen of the boards of directors. However, the managers were constrained by a variety of rules that...

Persistent link: https://www.econbiz.de/10012458586

Large Block Shareholders, Institutional Investors, Boards of Directors and Bank Value in the Nineteenth Century

Bodenhorn, Howard - 2013

Share prices of modern corporations are influenced by the size and structure of boards of directors, large individual and institutional investors, and shareholder voting rights, among other governance features. It is not clear whether the same features mattered historically, given recent...

Persistent link: https://www.econbiz.de/10012459707

Inequality and Schooling Responses to Globalization Forces : Lessons from History

Williamson, Jeffrey G. - 2006

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/10012466110