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The islands of Cyprus and Malta have been considered as similar economically to other South-Eastern European states, despite the lack of historical evidence to prove it. The paper uses recently complied primary sector output estimates for the interwar period (1921 – 1938) to evaluate that the...
Persistent link: https://www.econbiz.de/10014080435
The increase in the real wages of British workers over the last one hundred years is often attributed to the growth in labour productivity, but this has rarely been confirmed. In the research reported here, this ascription is confronted with annual observations on wages and productivity spanning...
Persistent link: https://www.econbiz.de/10014582237
Despite a substantial body of literature on the severe unemployment crisis in interwar Britain, our understanding of its distributional impacts remains limited. Using newly-digitized government data, this paper analyzes the gender, industrial, and regional composition of unemployment from...
Persistent link: https://www.econbiz.de/10014346323
We evaluate explanations for why Germany grew so quickly in the 1950s. The recent literature has emphasized convergence, structural change and institutional shake-up while minimizing the importance of the postwar shock. We show that this shock and its consequences were more important than...
Persistent link: https://www.econbiz.de/10010263753
We evaluate explanations for why Germany grew so quickly in the 1950s. The recent literature has emphasized convergence, structural change and institutional shake-up while minimizing the importance of the postwar shock. We show that this shock and its consequences were more important than...
Persistent link: https://www.econbiz.de/10003796129
The paper emphasizes the transition in Russia and the role institutions played before and during the process. In Russia, a "big bang" approach was applied. That is to say, transition was conducted all of a sudden, omitting important underlying reforms. This practice should function as a shock...
Persistent link: https://www.econbiz.de/10009486307
This research paper provides a solid historical overview of European industrial policy during the post-WWII era, extending the time horizon up to the 1990s. Our research focus is the EU 15. Unlike previous publications, this paper outlines the most important characteristics and drivers of...
Persistent link: https://www.econbiz.de/10010432441
The last remaining gap in the national accounts of Russia and the USSR in the twentieth century, 1913 to 1928, includes the Great War, the Civil War, and postwar recovery. Filling this gap, we find that the Russian economy did somewhat better in the Great War than was previously thought; in the...
Persistent link: https://www.econbiz.de/10013115893
The literature on the growth effects of European integration remains inconclusive. This is due to severe methodological difficulties mostly driven by country heterogeneity. This paper addresses these concerns using the synthetic control method. It constructs counterfactuals for countries that...
Persistent link: https://www.econbiz.de/10012825969
and prices, unemployment and labour productivity. Impulse indicator saturation is used to achieve robust estimation of …
Persistent link: https://www.econbiz.de/10011653824