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Traditional explanations for Western Europe's demographic growth in the High Middle Ages are unable to explain the rise in per-capita income that accompanied observed population changes. Here, we examine the hypothesis that an innovation in information technology changed the optimal structure of...
Persistent link: https://www.econbiz.de/10005353373
Persistent link: https://www.econbiz.de/10005264683
Evidence of falling wages in Catholic cities and rising wages in Protestant cities between 1500 and 1750, during the spread of literacy in the vernacular, is inconsistent with most theoretical models of economic growth. In The Protestant Ethic, Weber suggested an alternative explanation based on...
Persistent link: https://www.econbiz.de/10005729672
The rise of the East-German economy in the 1950s and 1960s and its decline in the 1970s and 1980s is difficult to explain by neoclassical economics. However, the observed life cycle may be explained by the inclusion of concepts from old and new institutional economics and from functional...
Persistent link: https://www.econbiz.de/10005027160
Post reunification estimates of East German per capita income were barely one-half the officially reported level. This paper tries to explain this discrepancy and to account for the implied postwar economic divergence between the two Germanies. The statistical discrepancy is attributed to a...
Persistent link: https://www.econbiz.de/10005582086
Evidence of falling wages in Catholic cities and rising wages in Protestant cities between 1500 and 1750, during the spread of literacy in the vernacular, is inconsistent with most theoretical models of economic growth. In The Protestant Ethic, Weber suggested an alternative explanation based on...
Persistent link: https://www.econbiz.de/10005396176
Persistent link: https://www.econbiz.de/10005362417
Comment peut-on expliquer que la part des dépenses publiques dans le PNB en temps de paix ait doublé dans plusieurs économies occidentales entre 1910 et 1938? Les dates éloignées de l'introduction du suffrage universel pour les hommes et l'évidence d'un protectionnisme croissant pendant...
Persistent link: https://www.econbiz.de/10005217702
Neither democracy nor globalization can explain the doubling of the peacetime public share in many Western countries between World Wars I and II. Here we examine two other explanations that are consistent with the timing of the observed changes, namely, (1) a shift in the demand for public goods...
Persistent link: https://www.econbiz.de/10005353234
Between 1700 and 1850, per-capita income doubled in Europe while falling in the rest of Eurasia. Neither geography nor economic institutions can explain this sudden divergence. Here the consequences of differences in communications technology are examined. For the first time, there appeared in...
Persistent link: https://www.econbiz.de/10005353528