Showing 2,491 - 2,500 of 2,519
This paper compares the value of landed and non-landed wealth held by a group of nineteenth century British businessmen. Landed wealth is estimated from the data in John Batemans Great Landowners of Britain and Ireland. Non-landed wealth is documented in probate records. Quantitative evidence...
Persistent link: https://www.econbiz.de/10010701820
The term path dependence (PD) here refers to a dynamic property of allocative processes, pertaining to non-ergodic stochastic systems -- those whose asymptotic distributions evolve as a function of the history of the process itself. PD is shown to be neither necessary nor sufficient for the...
Persistent link: https://www.econbiz.de/10010701821
Wheat was the single most important product of the British economy during the Industrial Revolution, being both the largest component of national income and the primary determinant of caloric intake. This paper offers new estimates of annual wheat production during industrialisation. Whereas...
Persistent link: https://www.econbiz.de/10010701822
For over a quarter century anthropometric historians have struggled to identify and measure the numerous factors that affect adult stature, which depends upon diet, disease and physical activity from conception to maturity. I simplify this complex problem by assessing nutritional status in a...
Persistent link: https://www.econbiz.de/10010701823
This paper presents new estimates of income inequality derived from Prussian tax statistics for the years 1822-1914. Confidence intervals are also calculated. The results show a rise in inequality in the nineteenth century, with a peak around 1906, thus supporting the view put forward by Simon...
Persistent link: https://www.econbiz.de/10010701824
The public sector allocates 40 percent of expenditure in Britain. Why do affluent consumers acquire so much welfare outside the market? If choice is affected by myopic bias, optimisation is costly, consumer choice is fallible, and collective consumption provides a commitment device. For a...
Persistent link: https://www.econbiz.de/10010701825
The herringbone parlour, a mechanical milking technology, was invented in 1908, but took over 70 years to be adopted by the majority of British farmers. Among the reasons were the need to improve original designs, the need for complementary institutional changes such as management systems, new...
Persistent link: https://www.econbiz.de/10010701826
Automobile depreciation rates and dealer markups in the United States and Britain during the 1950s and 1960s provide evidence on the effect of asymmetric information on market structures. Initial depreciation was not exceptional, and trade was not disabled. `Lemon` effects were evident in some...
Persistent link: https://www.econbiz.de/10010701827
Witnesses accounts are used to analyse changes in working hours between 1750 and 1800. Two findings stand out. The paper demonstrates that the information contained in witnesses accounts allows us to reconstruct historical time-budgets, and provides extensive tests of the new method. It also...
Persistent link: https://www.econbiz.de/10010701828
London clubs provided a means of establishing gentlemanly status and of making useful connections. Their number and membership was large. The paper begins with a quantitative overview of gentlemens clubs in London in the late nineteenth century using information contained in contemporary...
Persistent link: https://www.econbiz.de/10010701829