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How markets perform during famines has long been a contentious issue. Recent research tends to associate famine with market segmentation and hoarding. The evidence of this paper, based on an analysis of the spatial and temporal patterns of price movements during four famines in preindustrial...
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This paper studies the market microstructure of pre-industrial Europe. In particular we investigate the institution of the broker in markets and fairs, and develop a unique data set of approximately 1100 sets of brokerage rules in 42 merchant towns in Central and Western Europe from the late...
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For the first time, this book provides the global history of labor in Central Eurasia, Russia, Europe, and the Indian Ocean between the 16th and 20th centuries. It contests common views on free and unfree labor, comparing the latter to many Western countries where wage conditions resembled those...
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