Using detailed panel data from the Pale of Settlement area between 1800 and 1927, we document that anti-Jewish pogroms--mob violence against the Jewish minority--broke out when economic shocks coincided with political turmoil. When this happened, pogroms primarily occurred in places where Jews...

23 Stock Exchanges were in operation in Germany in 1913. We provide new data about the number of listed firms, their market value, and the number of IPOs between 1897 and 1913 for all exchanges. We assess reasons why a firm opts to be listed at a certain exchange. Large firms tend to be listed...