This paper is a thoroughly revised and extended version of an article firstly published in the anthology "Moderne Wirtschaftsgeschichte" (München: Oldenbourg) in 1996. This book is an introduction to modern economic history for historians and economists. Accordingly this paper has to two...

The study attempts to highlight the interrelation between three central points in the ongoing debate on the political economy of development: viability, surplus, and class-formation. A case study of the development of rural labour systems in Northern Nigeria is meant to provide both a better...

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...

This paper suggests that inequality in landownership is a non-financial hurdle for human capital accumulation. It is the first to present evidence that inequality in landownership had an adverse effect on the level of public education in the Korean colonial period. Using a fixed effects model,...