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This paper uses stamp catalogue prices to investigate the returns on British collectible postage stamps over the period 1900–2008. We find an annualized return on stamps of 7.0% in nominal terms, or 2.9% in real terms. These returns are higher than those on bonds but below those on equities....
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introduction of the Uniform Penny Post in Great Britain in 1840. This reform replaced the previous system of expensive distance … spatially-varied reduction in the cost of communicating across locations. We study the impact of this reform on the production …
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This book addresses some of the major issues facing postal and delivery services throughout the world. Postal operators worldwide have been slow to address the threats from and opportunities created by electronic competition. The European Commission and member states are wrestling with these...
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In its Digital Single Market (DSM) strategy, the European Commission has rightly noted the importance of lowering the price paid for basic cross-border delivery by consumers and by small and medium size retail shippers. Consumers and SMEs may have few alternatives to the National Postal...
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