Showing papers in "Explorations in Economic History in 1998"

TL;DR: The authors showed that both political and economic effects were important determinants of grant allocation during the New Deal period and that the importance of all the political variables is dramatically affected by the inclusion or exclusion of Nevada.

TL;DR: The authors examined two facets of the Eurodollar market: why it happened and why London kept most of the business and revealed that Eurodollars were accumulated earlier than has hitherto been thought.

TL;DR: In this paper, the authors evaluate Russian grain trade, production, and consumption during the Tsarist period (1861-1914) and find that the Russian grain market was significantly influenced by international prices and was well integrated with the international commercial wheat trade.

TL;DR: The authors assesses the role of globalization and demography on inequality and growth experience in the Old World, the New World, and Asia over the past century and a half, and assesses how demography and globalization can have a significant impact on GDP per capita growth.

TL;DR: In this article, the authors examine the financial strategies employed in the process of film production with particular emphasis on the performance of Warner Bros during the period from 1921 to 1940, and assess the relative success of these strategies.

TL;DR: In Ireland, hundreds of independent, local, quasi-charitable micro-credit societies or "loan funds" were lending to as many as 20% of Irish households in the mid-19th century.

TL;DR: This paper found that the price of land per £1 of return was little above that of non-status assets from 1560 to 1800 and only in the 19th century did a possible price premium emerge.

TL;DR: Using census-linked probate data from nineteenth century Ontario, this article found that the age and age-squared specification used in most parametric wealth regressions to capture life-cycle behavior overestimates wealth accumulation compared with estimates constructed using a simple nonparametric technique known as LOWESS.

TL;DR: In this article, the influence of German-style relationship banking on investment patterns of Italian firms is examined and the results suggest that formalized banking relationships appear to have made limited impact on firms' investments in the pre-World War I period.

TL;DR: In this article, the authors extended research on Argentine economic growth back to the early years of pastoral activity from 1825 to 1865, and found that rapid expansion of Argentina's economy in this early period was linked to increased demand for pastoral products in world markets.

TL;DR: This article explored sovereign debt repayment during the late 19th and early 20th centuries within the context of an ability and willingness to pay approach, finding that state interventions which promoted national economic development fostered repayment by directing borrowing to productive use.

TL;DR: It is concluded that the expanding population coverage of these early government-sponsored health-insurance programs contributed significantly to the observed declines in mortality.

TL;DR: In this article, the persistence of British and American economic and industrial leadership, using the time series properties of productivity series to assess the existence, pace, and timing of convergence, is considered.

TL;DR: The authors investigated the monetary transmission mechanism under the gold standard and found that shocks to the gold stock had a significant impact on real and financial variables in the United States during the National Banking Era, consistent with the descriptions of contemporary observers.

TL;DR: In this article, the authors examine institutions of risk management in agrarian societies and use primitive subarctic farming in premodern Iceland as an example, and identify the propensity of farmers to gamble with their supply of fodder (hay) and not keep sufficient reserves to feed the animals in the event of a hard year.

TL;DR: The A. M. Byers Company reported that, during the 1910s and 1920s, black workers left this firm for health reasons much more frequently than white workers did as mentioned in this paper.