What determines risk-bearing capacity and the amount of leverage in financial markets? Using unique archival data on collateralized lending, we show that personal experience can affect individual risk-taking and aggregate leverage. When an investor syndicate speculating in Amsterdam in 1772 went...

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...

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 publiclysubsidized immigration in the first global century before World War I to the quotas and bans introduced...

This paper draws together, in the form of a survey, a number of different aspects of the United Kingdom?s international migration experience since the Second World War. The areas covered include changes in the volume and composition of international migration and the factors influencing...

A snapshot at figures of immigration (Aliyah) to the Land of Israel (Palestine) and to the State of Israel reveals the following: between 1882-1947, in successive waves of immigration, some 543,000 Jews immigrated to Palestine, joining the 24,000 who lived there. During the first three years of...