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Economic History Commons

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2015

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Articles 1 - 30 of 63

Full-Text Articles in Economic History

The Progressives: Economics, Science, And Race, Herbert J. Hovenkamp Dec 2015

The Progressives: Economics, Science, And Race, Herbert J. Hovenkamp

Faculty Scholarship at Penn Law

This essay is a brief review of Thomas C. Leonard, Illiberal Reformers: Race, Eugenics, and American Economics in the Progressive Era (Princeton Univ. Press 2016).


Regional Labour Market Integration In England And Wales, 1850-1913, George R. Boyer, Timothy J. Hatton Dec 2015

Regional Labour Market Integration In England And Wales, 1850-1913, George R. Boyer, Timothy J. Hatton

George R. Boyer

[Excerpt] This chapter examines the integration of labour markets within the rural and urban sectors of England and Wales during the second half of the nineteenth century. Although there is a large literature on internal migration and emigration in Victorian Britain, historians typically have focused on the direction and causes of migration rather than on its consequences for the labour market. Broadly speaking, the literature has found that workers did indeed migrate towards better wage-earning opportunities, that most moves were short-distance moves, and that once certain patterns of migration were established they often persisted. The studies leave the strong impression ...


The Labor Share Question In China, Hao Qi Nov 2015

The Labor Share Question In China, Hao Qi

Doctoral Dissertations

In this study I explore why China’s labor share measured by the conventional approach experienced a major decline over the period from the mid-1990s to the outbreak of the global financial and economic crisis in 2008. I adopt a Marxian approach to address this question. Following the Marxian approach, I focus on how the power relation in the sphere of production affects labor’s share. I argue that major changes in the power relation that took place during the transition of China’s economic system have played a crucial role in the changes of distribution.

To this end, I ...


Housing Market Bust And Farmland Values: Identifying The Changing Influence Of Proximity To Urban Centers, Wendong Zhang, Cynthia J. Nickerson Nov 2015

Housing Market Bust And Farmland Values: Identifying The Changing Influence Of Proximity To Urban Centers, Wendong Zhang, Cynthia J. Nickerson

Economics Publications

This article estimates the impact of the 2007–2008 residential housing market bust on farmland values, using parcel-level farmland sales data from 2001–2010 for a 50-county region under urbanization pressure in western Ohio. Hedonic model estimates reveal that farmland was not immune to the residential housing bust; the portion of farmland value attributable to proximity to urban areas was almost cut in half shortly after the bust in 2009–2010. Nonetheless, total farmland prices remained relatively stable in the 2000s, likely due to increased demand for agricultural commodities. Our results are robust to different assumptions about the structure of ...


Economic Wealth And Social Welfare: A Longitudinal Analysis Of Transnational Well-Being, Kelly Brooke Martin Oct 2015

Economic Wealth And Social Welfare: A Longitudinal Analysis Of Transnational Well-Being, Kelly Brooke Martin

KELLY B MARTIN

Macro changes in the financial arena have prompted ongoing research focused on global economic trends. As America emerges from an era of stagnant wages, rising unemployment, and growing class stratification it is necessary to explore differences in cross-national socioeconomic behavior to address the changing needs of our country. Many studies attempt to describe statistical correlations between economic wealth and social well-being domestically and abroad by utilizing methodological perspectives that do not account for longitudinal change. To address the gap in existing research, this study seeks to measure variations in econometric indicators between the U.S. and Nordic countries to further ...


In The Aftermath Of The Financial Crisis Of 2008: What Have We Learned?, Luisa Blanco, Michael Crouch Oct 2015

In The Aftermath Of The Financial Crisis Of 2008: What Have We Learned?, Luisa Blanco, Michael Crouch

Luisa Blanco

In the aftermath of the financial crisis and economic recession of 2008, it is important to reflect not only on its causes, but also on specific policies that can help countries to move towards sustained economic growth. This publication provides a compendium of lectures that intend to do this. The focus of the discussion is around the U.S. (first two chapters) and Latin America (last chapter), which enhances our understanding of the forces at play and the necessary policies that need to be implemented in different regions of the world. Dr. Lee Ohanian points to the strange differences between ...


Children Of The Crisis: Farm Youth In Troubled Times, Pamela Riney-Kehrberg Oct 2015

Children Of The Crisis: Farm Youth In Troubled Times, Pamela Riney-Kehrberg

History Publications

The farm crisis of the 1980s was one of the defining American moments of the late twentieth century. The Midwest’s farmers, long revered as the protectors of America’s agrarian heritage, saw economic reversals of a magnitude unseen since the Great Depression. Many had expanded their operations in the 1970s on the basis of rising land prices, only to see the value of their farms plummet in the early days of the 1980s. Farm income fell significantly, while the number of farm foreclosures skyrocketed. Families began to show signs of stress, as rates of spousal abuse, clinical depression and ...


Employee Opportunism In Two Early Modern British Trading Companies, Robert Franklin Unger Oct 2015

Employee Opportunism In Two Early Modern British Trading Companies, Robert Franklin Unger

History Theses & Dissertations

The English East India Company and the Hudson’s Bay Company were the most prominent of a score or more of seventeenth and eighteenth century joint stock European trading companies whose merchants conducted their trading activities around the globe. The extraordinary distances and length of time that separated the London directorate committees of both companies from their distant employees was perhaps their greatest managerial challenge. Neither company could directly supervise their employees at their remote trading concessions, whether it was India and the East Indies for the East India Company or sub-arctic North America for the Hudson’s Bay Company ...


Aggregate Demand And Defensive Spending In The United States From The Second World War To The End Of The Twentieth Century, Sam Martin Oct 2015

Aggregate Demand And Defensive Spending In The United States From The Second World War To The End Of The Twentieth Century, Sam Martin

Student Writing

No abstract provided.


Higher Education And Income Distribution In A Less Developed Country, Gary S. Fields Sep 2015

Higher Education And Income Distribution In A Less Developed Country, Gary S. Fields

Gary S Fields

[Excerpt] The primary purpose of this paper is to empirically test among both the intra- and the inter-generational version of these three hypotheses for higher (i.e. post-secondary) levels of education for one less developed country, Kenya. A secondary purpose is to investigate other economic aspects of spending on higher education, most notably the question of horizontal equity in school finance. Before proceeding, a methodological point is in order. There is no consensus in the public economics literature on what is a suitable criterion for assessing the equitability of a fiscal programme. At least three criteria may be distinguished (the ...


The Effects Of Research & Development Funding On Scientific Productivity: Academic Chemistry, 1990-2009, Joshua L. Rosenbloom, Donna K. Ginther, Ted Juhl, Joseph A. Heppert Sep 2015

The Effects Of Research & Development Funding On Scientific Productivity: Academic Chemistry, 1990-2009, Joshua L. Rosenbloom, Donna K. Ginther, Ted Juhl, Joseph A. Heppert

Economics Publications

This article examines the relationship between Research & Development (R&D) funding and the production of knowledge by academic chemists. Using articles published, either raw counts or adjusted for quality, we find a strong, positive causal effect of funding on knowledge production. This effect is similar across subsets of universities, suggesting a relatively efficient allocation of R&D funds. Finally, we document a rapid acceleration in the rate at which chemical knowledge was produced in the late 1990s and early 2000s relative to the financial and human resources devoted to its production.


Property Rights And The First Great Divergence: Europe 1500-1800, Cem Karayalcin Aug 2015

Property Rights And The First Great Divergence: Europe 1500-1800, Cem Karayalcin

Economics Research Working Paper Series

Recent literature on developing countries has revived interest in structural change involving the reallocation of resources from agriculture to industry. Here, we focus on the first such historically important structural transformation in which some parts of Europe escaped from the Malthusian trap centuries earlier than the Industrial Revolution, while others stagnated. There is as yet no consensus as to the causes of this First Great Divergence. The paper advances the thesis that what lies at the root of different paths is the type of property rights inherited. As populations everywhere in Europe recovered from the catastrophes of the late medieval ...


Wealthy, But Unequal: The Anomaly Of Inequality In The United States, Joseph Puleo Aug 2015

Wealthy, But Unequal: The Anomaly Of Inequality In The United States, Joseph Puleo

Political Analysis

No abstract provided.


Transportation And Sanitation Drivers Of Land Use/Land Cover Change: Loss Of The Jamaica Bay Wetlands, Margaret Joy Cytryn Aug 2015

Transportation And Sanitation Drivers Of Land Use/Land Cover Change: Loss Of The Jamaica Bay Wetlands, Margaret Joy Cytryn

School of Arts & Sciences Theses

This thesis presents an analysis (1830-2014) of the historical events of land use/land cover change in the Jamaica Bay estuary, identification of the agents of change, and a perspective on the potential drivers of transportation and sanitation in land use/land cover change.


The City Of Destiny’S Darkest Hour: Tacoma And The Depression Of The 1890s, Ian W. Clogston Aug 2015

The City Of Destiny’S Darkest Hour: Tacoma And The Depression Of The 1890s, Ian W. Clogston

History Undergraduate Theses

The Panic of 1893 and subsequent economic depression was significantly detrimental to the economy of Tacoma, Washington. This work details the economic growth in the years preceding the Panic of 1893 in Tacoma as well as the effects the Depression of the 1890s had on Tacoma’s economy, including the numerous business and banking failures, a lack of employment, lack of money, and the miseries of the community’s life during the depression.


Economic Wealth And Social Welfare: A Longitudinal Analysis Of Transnational Well-Being, Kelly Brooke Martin Aug 2015

Economic Wealth And Social Welfare: A Longitudinal Analysis Of Transnational Well-Being, Kelly Brooke Martin

Doctoral Dissertations

Macro changes in the financial arena have prompted ongoing research focused on global economic trends. As America emerges from an era of stagnant wages, rising unemployment, and growing class stratification it is necessary to explore differences in cross-national socioeconomic behavior to address the changing needs of our country. Many studies attempt to describe statistical correlations between economic wealth and social well-being domestically and abroad by utilizing methodological perspectives that do not account for longitudinal change. To address the gap in existing research, this study seeks to measure variations in econometric indicators between the U.S. and Nordic countries to further ...


Review Of Developing Quantitative Literacy Skills In History And The Social Sciences: A Web-Based Common Core Approach By Kathleen W. Craver, Victor J. Ricchezza, H L. Vacher Jul 2015

Review Of Developing Quantitative Literacy Skills In History And The Social Sciences: A Web-Based Common Core Approach By Kathleen W. Craver, Victor J. Ricchezza, H L. Vacher

Numeracy

Kathleen W. Craver. Developing Quantitative Literacy Skills in History and Social Sciences: A Web-Based Common Core Standards Approach (Lantham MD: Rowman & Littlefield Publishing Group, Inc., 2014). 191 pp.
ISBN 978-1-4758-1050-9 (cloth); ISBN …-1051-6 (pbk); ISBN…-1052-3 (electronic).

This book could be a breakthrough for teachers in the trenches who are interested in or need to know about quantitative literacy (QL). It is a resource providing 85 topical pieces, averaging 1.5 pages, in which a featured Web site is presented, described, and accompanied by 2-4 critical-thinking questions purposefully drawing on data from the Web site. The featured Web sites range from primary documents (e.g., All about California and the ...


Guía General De Escuelas Y Corrientes De Pensamiento Económico., Sergio A. Berumen Jun 2015

Guía General De Escuelas Y Corrientes De Pensamiento Económico., Sergio A. Berumen

Sergio A. Berumen

Guía general de las principales Escuelas y corrientes de Pensamiento Económico. Se hace una descripción por grupos y épocas. Este material docente es de libre acceso, favor de citarlo como sigue: SERGIO A. BERUMEN [2015]. "Guía General de Escuelas y Corrientes de Pensamiento Económico", Lecciones de Economía para No Economistas, ESIC, Business & Marketing School, 2ª edición, Madrid. ISBN. 978-84-15986-86-7. sergio.berumen@urjc.es


General Guide Of Schools Of Economic Thought, Sergio A. Berumen Jun 2015

General Guide Of Schools Of Economic Thought, Sergio A. Berumen

Sergio A. Berumen

This educational material is freely accessible. Please quote it in the following way: SERGIO A. BERUMEN [2015]. "General Guide To Schools Of Economic Thought", Lecciones de Economía para No Economistas, ESIC, Business & Marketing School, 2nd edition, Madrid. ISBN. 978-84-15986-86-7. sergio.berumen@urjc.es


Working Paper No. 07, Evsey Domar And The Keynesian Tradition, Cesar Maldonado Jun 2015

Working Paper No. 07, Evsey Domar And The Keynesian Tradition, Cesar Maldonado

Working Papers in Economics

This inquiry seeks to establish that Evsey Domar extends Keynes’s thinking and in this manner helps to establish a post-Keynesian tradition. First, I shall consider Keynes’s ideas concerning problems facing market capitalism as appears in his book, The General Theory of Employment, Interest, and Money. Then I shall continue with this inquiry and consider Domar’s insights into expansion and employment and his concerns regarding capital accumulation, as well as his confronting a theory posited by Keynes concerning investment and employment, raising the issue of whether Keynes’s understanding is accurate. The last part of this inquiry deals ...


Les Rues Des Tableaux. Géographie Du Marché De L'Art Parisien (1815-1955), Léa Saint-Raymond, Félicie De Maupeou, Julien Cavero Jun 2015

Les Rues Des Tableaux. Géographie Du Marché De L'Art Parisien (1815-1955), Léa Saint-Raymond, Félicie De Maupeou, Julien Cavero

Artl@s Bulletin

Continuation of a first socioeconomic analysis of the "art dealers" in Paris between 1815 and 1955 (Artl@s Bulletin 2, no. 2), this paper presents the results of a spatial study of the Parisian art market at that time. Departing from serial geographical data given by a homogeneous source, the Bottin du commerce, we mapped a 140 years spatial evolution of the "art dealers", using a geocoding system with composite locators. The article exposes the spatial dynamics of this market and studies them in a multi-scalar way, making the connection between the global evolution of the Parisian economy and the ...


The Future Of Currency, Jack Carney, Nailah Fitzgerald Jun 2015

The Future Of Currency, Jack Carney, Nailah Fitzgerald

Ethos

Today, we live and die by the almighty dollar. It determines where we work, where we sleep and where we spend our free time. For the past 100 years, the dollar has been the norm here in America, but things are beginning to change.


‘By A Silken Thread’: Regional Banking Integration And Pathways To Financial Development In Japan’S Great Recession, Mathias Hoffmann, Toshihiro Okubo Jun 2015

‘By A Silken Thread’: Regional Banking Integration And Pathways To Financial Development In Japan’S Great Recession, Mathias Hoffmann, Toshihiro Okubo

Mathias Hoffmann

Regional differences in banking integration and bank dependence interacted in spreading Japan’s Great Recession after 1990. Nationwide banks were generally more exposed to the crisis than regional ones, but their internal capital markets also substantially dampened the impact of the crisis in prefectures with many bank-dependent small firms. We instrument for modern-day banking inte- gration using the prefecture-level importance of the late-19th-century silk industry: export finance for the silk industry relied on local, cooperative banks. These local banks preserved their comparative advantage in relationship lending to small firms for a century, effectively segmenting regional banking markets during Japan’s ...


The Relevance Of Economic, Institutional And Cultural Determinants For Venture Capital Investments. A Us-Europe Comparison., Nadja Benes May 2015

The Relevance Of Economic, Institutional And Cultural Determinants For Venture Capital Investments. A Us-Europe Comparison., Nadja Benes

Master's Theses

This study analyzes the determinants of early-stage VC investments by identifying characteristics in the economic, institutional, as well as cultural framework that could explain the diverging levels of early-stage VC investments across countries. Data was assembled for 16 countries during the period from 1995 until 2013. The results indicate that countries that are more open to trade are associated with higher levels in early-stage venture capital. A higher unemployment rate negatively affects a country’s level of early-stage VC funds. Higher R&D expenditures as a proxy for the technological and innovation capacity in a country as well as a ...


Formation Of U.S. State Department Economic Foreign Policy For The Occupation Of Postwar Germany, 1939-1948, Rick Jeffers May 2015

Formation Of U.S. State Department Economic Foreign Policy For The Occupation Of Postwar Germany, 1939-1948, Rick Jeffers

Theses and Dissertations

This study examines how a firm belief in the economic doctrine of multilateralism triggered a powerful policy-determining crusade within the U.S. State Department. This doctrine was fundamental to the establishment of postwar foreign policy toward Germany. It was present in 1939 during early planning meetings and lasted through to the 1948 division of Germany. The equitable application of multilateralism as a basis for foreign policy determination was not initially accepted by other sectors of the U.S. Government; but over the course of this period State Department officials were able to overcome intergovernmental resistance. Motives for postwar planning for ...


Planet Of The Celtic Tiger, Alexid Wai Kit Lam May 2015

Planet Of The Celtic Tiger, Alexid Wai Kit Lam

Syracuse University Honors Program Capstone Projects

Due to the vast developments in technology and information sharing, developing countries now have instant access to a library full of articles documenting the growth of various developed countries in the world. As these countries are searching for an economic model and hoping to replicate its result, they often come across Ireland’s economic success during the Celtic Tiger times. During this period, Ireland transformed from the “poorest of the rich” to “one of Europe’s shining lights.” Although Ireland's economic growth seems extremely appealing, how likely is it that another country could follow Ireland’s success by adopting ...


Coup D'État And International Trade, Brian Alan Childers May 2015

Coup D'État And International Trade, Brian Alan Childers

Chancellor’s Honors Program Projects

No abstract provided.


The Past And The Hopeful Future Of Vietnam’S Economy, Le Dang Doanh May 2015

The Past And The Hopeful Future Of Vietnam’S Economy, Le Dang Doanh

Asian Management Insights

Reform and integration are key for tapping Vietnam’s economic potential.


Going Beyond The ‘New Normal’ In Indonesia, Mari Pangestu, Philip Charles Zerrillo May 2015

Going Beyond The ‘New Normal’ In Indonesia, Mari Pangestu, Philip Charles Zerrillo

Asian Management Insights

The Republic of Indonesia’s former Minister of Trade and former Minister of Tourism and Creative Economy, Professor Mari Pangestu, talks about the country’s resilience, and going beyond the ‘new normal’, in this interview with Philip Zerrillo.


A Dream And A Crisis: How American Political Ideology Caused The Financial Crisis, Aneesa Ahmed Apr 2015

A Dream And A Crisis: How American Political Ideology Caused The Financial Crisis, Aneesa Ahmed

Senior Theses

This thesis will explore the relationship between political ideology at the Framing and how those mentalities transcended time to effect modern economic policies and cause the Housing Bubble of the 2000s and subsequent Financial Crisis. This will be done by first establishing property rights at the Founding of the nation, narrating government intervention throughout American history, and explaining the very government intervention which occurred that caused the Great Recession. Finally, this thesis makes recommendations to revisit the qualification of the American Dream.