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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

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

"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

History of American Corporate Governance : Law, Institutions, and Politics

Hilt, Eric - 2014

This paper presents an overview of the history of corporate governance in the United States, emphasizing the period …

Persistent link: https://www.econbiz.de/10012458311

Corporate Governance and the Development of Manufacturing Enterprises in Nineteenth-Century Massachusetts

Hilt, Eric - 2014

This paper analyzes the use of the corporate form among nineteenth-century manufacturing firms in Massachusetts, from newly collected data from 1875. An analysis of incorporation rates across industries reveals that corporations were formed at higher rates among industries in which firm size was...

Persistent link: https://www.econbiz.de/10012458569

Inflation, War Bonds, and the Rise of Republicans in the 1950s

Brunet, Gillian; Hilt, Eric; Jaremski, Matthew S. - National Bureau of Economic Research - 2023

We study the role of war bonds and inflation in the presidential elections of the 1950s. During World War II, the federal government conducted aggressive campaigns to convince Americans to invest their savings in wartime savings bonds. Although the bonds were nonnegotiable and protected from...

Persistent link: https://www.econbiz.de/10014447290

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

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

O'Rourke, Kevin H. - 2005

spice markets were already well integrated with those in Iberia and northern Europe, implying that Portugal could not have … relative spice prices, that is, accounting for inflation. It also draws on evidence from Iberia and northern Europe. In …

Persistent link: https://www.econbiz.de/10012466787

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

O'Rourke, Kevin H. - 1995

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/10012473475