NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Economic History: Macroeconomics and Monetary Economics • Industrial Structure • Growth • Fluctuations


2014
w20771 Òscar Jordà
Moritz HP. Schularick
Alan M. Taylor

Betting the House

w20765 Leah Boustan
Robert A. Margo

Racial Differences in Health in Long-Run Perspective: A Brief Introduction

w20737 Frederic S. Mishkin
Eugene N. White

Unprecedented Actions: The Federal Reserve’s Response to the Global Financial Crisis in Historical Perspective

w20732 B. Zorina Khan
Of Time and Space: Technological Spillovers among Patents and Unpatented Innovations during Early U.S. Industrialization

w20731 B. Zorina Khan
Inventing in the Shadow of the Patent System: Evidence from 19th-Century Patents and Prizes for Technological Innovations

w20719 Valerie A. Ramey
Sarah Zubairy

Government Spending Multipliers in Good Times and in Bad: Evidence from U.S. Historical Data

w20693 Michael Bordo
Pierre Siklos

Central Bank Credibility, Reputation and Inflation Targeting in Historical Perspective

w20658 Peter Temin
The Cambridge History of "Capitalism"

w20656 Michael D. Bordo
Owen F. Humpage

Federal Reserve Policy and Bretton Woods

w20635 Douglas A. Irwin
Tariff Incidence: Evidence from U.S. Sugar Duties, 1890-1930

w20603 Kris James Mitchener
Matthew Jaremski

The Evolution of Bank Supervision: Evidence from U.S. States

w20554 Guillaume Bazot
Michael D. Bordo
Eric Monnet

The Price of Stability: The balance sheet policy of the Banque de France and the Gold Standard (1880-1914)

w20544 Eric Hilt
Carola Frydman

Investment Banks as Corporate Monitors in the Early 20th Century United States

w20524 Farley Grubb
Jim Celia

Non-Legal-Tender Paper Money: The Structure and Performance of Maryland's Bills of Credit, 1767-1775

w20507 Julio J. Rotemberg
The Federal Reserve's Abandonment of its 1923 Principles

w20501 Òscar Jordà
Moritz Schularick
Alan M. Taylor

The Great Mortgaging: Housing Finance, Crises, and Business Cycles

w20346 Helios Herrera
Guillermo Ordoñez
Christoph Trebesch

Political Booms, Financial Crises

w20270 Michael D. Bordo
Tales from the Bretton Woods

w20232 Peter H. Lindert
Making the Most of Capital in the 21st Century

w20220 Kris James Mitchener
Kirsten Wandschneider

Capital Controls and Recovery from the Financial Crisis of the 1930s

w20219 Mara P. Squicciarini
Nico Voigtländer

Human Capital and Industrialization: Evidence from the Age of Enlightenment

w20199 David le Bris
William N. Goetzmann
Sébastien Pouget

Testing Asset Pricing Theory on Six Hundred Years of Stock Returns: Prices and Dividends for the Bazacle Company from 1372 to 1946

w20198 Jeremy Atack
Matthew S. Jaremski
Peter L. Rousseau

American Banking and the Transportation Revolution Before the Civil War

w20107 Peter Temin
Economic History and Economic Development: New Economic History in Retrospect and Prospect

w20096 Eric Hilt
Corporate Governance and the Development of Manufacturing Enterprises in Nineteenth-Century Massachusetts

w20087 Christina D. Romer
David H. Romer

Transfer Payments and the Macroeconomy: The Effects of Social Security Benefit Changes, 1952-1991

w20083 Pierre-Cyrille Hautcoeur
Angelo Riva
Eugene N. White

Floating a "Lifeboat": The Banque de France and the Crisis of 1889

w19962 Petra Moser
Alessandra Voena
Fabian Waldinger

German-Jewish Emigres and U.S. Invention

w19926 Gregory Clark
Kevin Hjortshøj O'Rourke
Alan M. Taylor

The Growing Dependence of Britain on Trade during the Industrial Revolution

w19924 Alan M. Taylor
The Argentina Paradox: Microexplanations and Macropuzzles

w19903 Farley Grubb
A New Approach to Solving the Colonial Monetary Puzzle: Evidence from New Jersey, 1709-1775

w19861 Peter H. Lindert
Jeffrey G. Williamson

American Colonial Incomes, 1650-1774

w19860 Martha J. Bailey
Nicolas J. Duquette

How Johnson Fought the War on Poverty: The Economics and Politics of Funding at the Office of Economic Opportunity

w19823 Carmen M. Reinhart
Kenneth S. Rogoff

Recovery from Financial Crises: Evidence from 100 Episodes

w19802 Alan Fernihough
Kevin Hjortshøj O'Rourke

Coal and the European Industrial Revolution


2013
w19758 Hugh Rockoff
O.M.W. Sprague (the Man who "Wrote the Book" on Financial Crises) and the Founding of the Federal Reserve

w19743 Carl Kitchens
Price Fishback

Flip the Switch: The Spatial Impact of the Rural Electrification Administration 1935-1940

w19710 Farley Grubb
Colonial New Jersey's Paper Money Regime, 1709-1775: A Forensic Accounting Reconstruction of the Data

w19605 Hoyt Bleakley
Louis Cain
Joseph Ferrie

Amidst Poverty and Prejudice: Black and Irish Civil War Veterans

w19585 Michael D. Bordo
John Landon-Lane

Does Expansionary Monetary Policy Cause Asset Price Booms; Some Historical and Empirical Evidence

w19584 Michael D. Bordo
John Landon-Lane

What Explains House Price Booms?: History and Empirical Evidence.

w19580 Olivier Accominotti
Barry Eichengreen

The Mother of All Sudden Stops: Capital Flows and Reversals in Europe, 1919-32

w19577 Farley Grubb
The Continental Dollar: How the American Revolution was Financed with Paper Money--Initial Design and Ideal Performance

w19506 Òscar Jordà
Moritz HP. Schularick
Alan M. Taylor

Sovereigns versus Banks: Credit, Crises, and Consequences

w19493 Martha J. Bailey
Fifty Years of Family Planning: New Evidence on the Long-Run Effects of Increasing Access to Contraception

w19414 Òscar Jordà
Alan M. Taylor

The Time for Austerity: Estimating the Average Treatment Effect of Fiscal Policy

w19405 Barry Eichengreen
Does the Federal Reserve Care About the Rest of the World?

w19348 Hoyt Bleakley
Joseph P. Ferrie

Shocking Behavior : Random Wealth in Antebellum Georgia and Human Capital Across Generations

w19288 Ricardo Reis
The Portuguese Slump and Crash and the Euro Crisis

w19201 Shanker Satyanath
Nico Voigtlaender
Hans-Joachim Voth

Bowling for Fascism: Social Capital and the Rise of the Nazi Party

w19131 Claudia Olivetti
The Female Labor Force and Long-run Development: The American Experience in Comparative Perspective

w19112 Michael D. Bordo
Harold James

The European Crisis in the Context of the History of Previous Financial Crises

w19040 Leah Platt Boustan
William J. Collins

The Origins and Persistence of Black-White Differences in Women's Labor Force Participation

w19026 Michael D. Bordo
Angela Redish

Putting the 'System' in the International Monetary System

w19010 Diego A. Comin
Martí Mestieri Ferrer

If Technology Has Arrived Everywhere, Why has Income Diverged?

w19008 George J. Hall
Thomas J. Sargent

Fiscal Discriminations in Three Wars

w18888 Carmen M. Reinhart
Kenneth S. Rogoff

Shifting Mandates: The Federal Reserve's First Centennial

w18852 Michael Brocker
Christopher Hanes

The 1920s American Real Estate Boom and the Downturn of the Great Depression: Evidence from City Cross Sections

w18828 Michael D. Bordo
Hugh Rockoff

Not Just the Great Contraction: Friedman and Schwartz's A Monetary History of the United States 1867 to 1960

w18823 Harold L. Cole
Lee E. Ohanian

The Impact of Cartelization, Money, and Productivity Shocks on the International Great Depression

w18821 Matthew Chambers
Carlos Garriga
Donald E. Schlagenhauf

Did Housing Policies Cause the Postwar Boom in Homeownership?

w18819 Dan Liu
Christopher M. Meissner

Market Potential and the Rise of US Productivity Leadership

w18816 Todd Neumann
Jason Taylor
Price Fishback

Fluctuations in Weekly Hours and Total Hours Worked Over the Past 90 Years and the Importance of Changes in Federal Policy Toward Job Sharing

w18814 Christopher M. Meissner
Capital Flows, Credit Booms, and Financial Crises in the Classical Gold Standard Era

w18770 Philip Osafo-Kwaako
James A. Robinson

Political Centralization in Pre-Colonial Africa

w18752 Lawrence F. Katz
Robert A. Margo

Technical Change and the Relative Demand for Skilled Labor: The United States in Historical Perspective

w18751 Kathryn M.E. Dominguez
Matthew D. Shapiro

Forecasting the Recovery from the Great Recession: Is This Time Different?

w18746 Christina D. Romer
David H. Romer

The Missing Transmission Mechanism in the Monetary Explanation of the Great Depression

w18673 Barry Eichengreen
Donghyun Park
Kwanho Shin

Growth Slowdowns Redux: New Evidence on the Middle-Income Trap


2012
w18616 Christopher Hanes
Paul W. Rhode

Harvests and Financial Crises in Gold-Standard America

w18612 Daniel B. Jones
Werner Troesken
Randall Walsh

A Poll Tax by any Other Name: The Political Economy of Disenfranchisement

w18606 Alan M. Taylor
External Imbalances and Financial Crises

w18427 Charles W. Calomiris
Joseph R. Mason
Marc Weidenmier
Katherine Bobroff

The Effects of Reconstruction Finance Corporation Assistance on Michigan's Banks' Survival in the 1930s

w18396 Peter H. Lindert
Jeffrey G. Williamson

American Incomes 1774-1860

w18363 Gerardo della Paolera
Alan M. Taylor

Sovereign Debt in Latin America, 1820-1913

w18290 Alan M. Taylor
The Great Leveraging

w18275 Stelios Michalopoulos
Elias Papaioannou

National Institutions and Subnational Development in Africa

w18271 Price V. Fishback
John Joseph Wallis

What Was New About the New Deal?

w18264 Carola Frydman
Eric Hilt
Lily Y. Zhou

Economic Effects of Runs on Early 'Shadow Banks': Trust Companies and the Impact of the Panic of 1907

w18224 Stelios Michalopoulos
Elias Papaioannou

Pre-colonial Ethnic Institutions and Contemporary African Development

w18194 Michael D. Bordo
Joseph G. Haubrich

Deep Recessions, Fast Recoveries, and Financial Crises: Evidence from the American Record

w18162 William Easterly
Ross Levine

The European Origins of Economic Development

w18130 Enrico Spolaore
Romain Wacziarg

How Deep Are the Roots of Economic Development?

w18129 Suresh Naidu
Suffrage, Schooling, and Sorting in the Post-Bellum U.S. South

w18099 Farley Grubb
Chronic Specie Scarcity and Efficient Barter: The Problem of Maintaining an Outside Money Supply in British Colonial America

w18027 Raghuram Rajan
Rodney Ramcharan

The Anatomy of a Credit Crisis: The Boom and Bust in Farm Land Prices in the United States in the 1920s.

w18015 Carmen M. Reinhart
Vincent R. Reinhart
Kenneth S. Rogoff

Debt Overhangs: Past and Present

w17997 Farley Grubb
Is Paper Money Just Paper Money? Experimentation and Local Variation in the Fiat Paper Monies Issued by the Colonial Governments of British North America, 1690-1775: Part I

w17979 Davide Cantoni
Noam Yuchtman

Medieval Universities, Legal Institutions, and the Commercial Revolution

w17896 Michael D. Bordo
Christopher M. Meissner

Does Inequality Lead to a Financial Crisis?

w17871 Alan de Bromhead
Barry Eichengreen
Kevin H. O'Rourke

Right-Wing Political Extremism in the Great Depression

w17764 Sebastian Edwards
Is Tanzania a Success Story? A Long Term Analysis

w17749 Douglas A. Irwin
The Nixon Shock after Forty Years: The Import Surcharge Revisited


2011
w17700 Timothy J. Kehoe
Felipe Meza

Catch-up Growth Followed by Stagnation: Mexico, 1950-2010

w17621 Òscar Jordà
Moritz HP. Schularick
Alan M. Taylor

When Credit Bites Back: Leverage, Business Cycles, and Crises

w17620 Stelios Michalopoulos
Elias Papaioannou

The Long-Run Effects of the Scramble for Africa

w17597 Douglas A. Irwin
Anticipating the Great Depression? Gustav Cassel's Analysis of the Interwar Gold Standard

w17595 Douglas A. Irwin
Gold Sterilization and the Recession of 1937-38

w17458 William J. Collins
Katharine L. Shester

Slum Clearance and Urban Renewal in the United States

w17437 Gary Richardson
Patrick Van Horn

When the Music Stopped: Transatlantic Contagion During the Financial Crisis of 1931

w17432 Fabrice Murtin
Romain Wacziarg

The Democratic Transition

w17322 Robert W. Fogel
Louis Cain
Joseph Burton
Brian Bettenhausen

Was What Ail'd Ya' What Kill'd Ya'?

w17314 Nico Voigtländer
Hans-Joachim Voth

How the West 'Invented' Fertility Restriction

w17276 Farley Grubb
The Continental Dollar: Initial Design, Ideal Performance, and the Credibility of Congressional Commitment

w17267 Michael D. Bordo
Hugh Rockoff

The Influence of Irving Fisher on Milton Friedman's Monetary Economics

w17216 Quamrul Ashraf
Oded Galor

The "Out of Africa" Hypothesis, Human Genetic Diversity, and Comparative Economic Development

w17215 Joshua L. Rosenbloom
Thomas J. Weiss

Economic Growth in the Mid Atlantic Region: Conjectural Estimates for 1720 to 1800

w17211 Peter H. Lindert
Jeffrey G. Williamson

American Incomes before and after the Revolution

w17209 Farley Grubb
State Redemption of the Continental Dollar, 1779-1790

w17206 Steven C.A. Pincus
James A. Robinson

What Really Happened During the Glorious Revolution?

w17184 Stelios Michalopoulos
Elias Papaioannou

Divide and Rule or the Rule of the Divided? Evidence from Africa

w17132 Daniel Treisman
Income, Democracy, and the Cunning of Reason

w17123 Richard C.K. Burdekin
Kris James Mitchener
Marc D. Weidenmier

Irving Fisher and Price-Level Targeting in Austria: Was Silver the Answer?

w17051 Suresh Naidu
Noam Yuchtman

Coercive Contract Enforcement: Law and the Labor Market in 19th Century Industrial Britain

w17024 Michael D. Bordo
Peter L. Rousseau

Historical Evidence on the Finance-Trade-Growth Nexus

w16993 Ralf Meisenzahl
Joel Mokyr

The Rate and Direction of Invention in the British Industrial Revolution: Incentives and Institutions

w16983 Petra Moser
Paul W. Rhode

Did Plant Patents Create the American Rose?

w16952 Arindrajit Dube
Ethan Kaplan
Suresh Naidu

Coups, Corporations, and Classified Information

w16946 Michael D. Bordo
Owen F. Humpage
Anna J. Schwartz

U.S. Intervention During the Bretton Woods Era: 1962-1973

w16925 Gabriel P. Mathy
Christopher M. Meissner

Trade, Exchange Rate Regimes and Output Co-Movement: Evidence from the Great Depression

w16893 Carmen M. Reinhart
M. Belen Sbrancia

The Liquidation of Government Debt

w16872 Gary Richardson
Michael Gou

Business Failures by Industry in the United States, 1895 to 1939: A Statistical History.

w16827 Carmen M. Reinhart
Kenneth S. Rogoff

A Decade of Debt

w16825 Eugene N. White
"To Establish a More Effective Supervision of Banking": How the Birth of the Fed Altered Bank Supervision

w16769 Robert J. Barro
Rachel M. McCleary

Saints Marching In, 1590-2009

w16754 Assaf Razin
Steven Rosefielde

Currency and Financial Crises of the 1990s and 2000s

w16688 Charles W. Calomiris
Joseph Mason
David Wheelock

Did Doubling Reserve Requirements Cause the Recession of 1937-1938? A Microeconomic Approach

w16665 William J. Collins
Robert A. Margo

Race and Home Ownership from the Civil War to the Present


2010
w16647 Michael D. Bordo
Owen F. Humpage
Anna J. Schwartz

U.S. Foreign-Exchange-Market Intervention and the Early Dollar Float: 1973 - 1981

w16617 Haelim M. Park
Gary Richardson

Retail Trade by Federal Reserve District, 1919 to 1939: A Statistical History

w16567 Òscar Jordà
Moritz Schularick
Alan M. Taylor

Financial Crises, Credit Booms, and External Imbalances: 140 Years of Lessons

w16561 Price V. Fishback
Valentina Kachanovskaya

In Search of the Multiplier for Federal Spending in the States During the Great Depression

w16494 Alan L. Olmstead
Paul W. Rhode

Productivity Growth and the Regional Dynamics of Antebellum Southern Development

w16487 Dave Donaldson
Railroads of the Raj: Estimating the Impact of Transportation Infrastructure

w16477 Price V. Fishback
U.S. Monetary and Fiscal Policy in the 1930s

w16365 Michael D. Bordo
John Landon-Lane

The Lessons from the Banking Panics in the United States in the 1930s for the Financial Crisis of 2007-2008

w16350 Douglas A. Irwin
Did France Cause the Great Depression?

w16345 Michael D. Bordo
Owen F. Humpage
Anna J. Schwartz

U.S. Foreign-Exchange-Market Intervention during the Volcker-Greenspan Era

w16334 Carmen M. Reinhart
Vincent R. Reinhart

After the Fall

w16310 Kathleen M. Kahle
René M. Stulz

Financial Policies and the Financial Crisis: How Important Was the Systemic Credit Contraction for Industrial Corporations?

w16269 Richard S. Grossman
Christopher M. Meissner

International Aspects of the Great Depression and the Crisis of 2007: Similarities, Differences, and Lessons

w16244 Kenneth A. Snowden
The Anatomy of a Residential Mortgage Crisis: A Look Back to the 1930s

w16242 Kenneth A. Snowden
Covered Farm Mortgage Bonds in the Late Nineteenth Century U.S.

w16203 R. Quentin Grafton
Clay Landry
Gary D. Libecap
Sam McGlennon
Robert O'Brien

An Integrated Assessment of Water Markets: Australia, Chile, China, South Africa and the USA

w16190 Peter L. Rousseau
Caleb Stroup

Monetization and Growth in Colonial New England, 1703-1749

w16146 Stefania Albanesi
Claudia Olivetti

Maternal Health and the Baby Boom

w16135 Michael R. Haines
Avery M. Guest

Fertility in New York State in the Civil War Era

w16134 J. David Hacker
Michael R. Haines

The Construction of Life Tables for the American Indian Population at the Turn of the Twentieth Century

w16133 Michael R. Haines
Inequality and Infant and Childhood Mortality in the United States in the Twentieth Century

w16034 Sebnem Kalemli-Ozcan
Alex Nikolsko-Rzhevskyy

Does Trade Cause Capital to Flow? Evidence from Historical Rainfalls

w15997 Howard Bodenhorn
David Cuberes

Financial Development and City Growth: Evidence from Northeastern American Cities, 1790-1870

w15834 Robert J. Gordon
Revisiting U. S. Productivity Growth over the Past Century with a View of the Future

w15824 Price V. Fishback
Alfonso Flores-Lagunes
William Horrace
Shawn E. Kantor
Jaret Treber

The Influence of the Home Owners' Loan Corporation on Housing Markets During the 1930s

w15795 Carmen M. Reinhart
Kenneth S. Rogoff

From Financial Crash to Debt Crisis

w15776 Karla Hoff
Joseph E. Stiglitz

Equilibrium Fictions: A Cognitive Approach to Societal Rigidity

w15770 Peter L. Rousseau
The Market for Bank Stocks and the Rise of Deposit Banking in New York City, 1866-1897

w15731 Michael D. Bordo
John Landon-Lane

Exits from Recessions: The U.S. Experience 1920-2007

w15726 Takatoshi Ito
Great Inflation and Central Bank Independence in Japan

w15710 Kris James Mitchener
David C. Wheelock

Does the Structure of Banking Markets Affect Economic Growth? Evidence from U.S. State Banking Markets

w15669 Karen Clay
Werner Troesken

Did Frederick Brodie Discover the World's First Environmental Kuznets Curve? Coal Smoke and the Rise and Fall of the London Fog

w15645 Peter Temin
The Great Recession and the Great Depression

w15639 Carmen M. Reinhart
Kenneth S. Rogoff

Growth in a Time of Debt


2009
w15596 John Landon-Lane
Hugh Rockoff
Richard H. Steckel

Droughts, Floods and Financial Distress in the United States

w15594 Hugh Rockoff
Upon Daedalian Wings of Paper Money: Adam Smith and the Crisis of 1772

w15584 Michael D. Bordo
Harold James

The Great Depression Analogy

w15577 Gilbert Cette
Yusuf Kocoglu
Jacques Mairesse

Productivity Growth and Levels in France, Japan, the United Kingdom and the United States in the Twentieth Century

w15573 Eugene N. White
Lessons from the Great American Real Estate Boom and Bust of the 1920s

w15534 Michael D. Bordo
Christopher M. Meissner
David Stuckler

Foreign Currency Debt, Financial Crises and Economic Growth: A Long Run View

w15524 Miguel Almunia
Agustín S. Bénétrix
Barry Eichengreen
Kevin H. O'Rourke
Gisela Rua

From Great Depression to Great Credit Crisis: Similarities, Differences and Lessons

w15512 Moritz Schularick
Alan M. Taylor

Credit Booms Gone Bust: Monetary Policy, Leverage Cycles and Financial Crises, 1870-2008

w15475 Alan M. Taylor
The Global 1970s and the Echo of the Great Depression

w15411 André C. Martínez Fritscher
Aldo Musacchio

Endowments, Fiscal Federalism, and the Cost of Capital for States: Evidence from Brazil, 1891-1930

w15408 Anthony B. Atkinson
Thomas Piketty
Emmanuel Saez

Top Incomes in the Long Run of History

w15401 Kris James Mitchener
Marc D. Weidenmier

Are Hard Pegs Ever Credible in Emerging Markets? Evidence from the Classical Gold Standard

w15378 Daron Acemoglu
Davide Ticchi
Andrea Vindigni

Persistence of Civil Wars

w15332 Rik G.P. Frehen
William N. Goetzmann
K. Geert Rouwenhorst

New Evidence on the First Financial Bubble

w15305 Jeffrey G. Williamson
Five Centuries of Latin American Inequality

w15258 Lee E. Ohanian
What - or Who - Started the Great Depression?

w15209 Lee J. Alston
Andrés A. Gallo

Electoral Fraud, the Rise of Peron and Demise of Checks and Balances in Argentina

w15195 Kris James Mitchener
Masato Shizume
Marc D. Weidenmier

Why did Countries Adopt the Gold Standard? Lessons from Japan

w15157 Nathan Nunn
Nancy Qian

The Potato's Contribution to Population and Urbanization: Evidence from an Historical Experiment

w15144 Douglas A. Irwin
Revenue or Reciprocity? Founding Feuds over Early U.S. Trade Policy

w15095 Enrico Spolaore
Romain Wacziarg

War and Relatedness

w15066 Eric A. Hanushek
Ludger Woessmann

Schooling, Cognitive Skills, and the Latin American Growth Puzzle

w15061 Ryan L. Lampe
Petra Moser

Do Patent Pools Encourage Innovation? Evidence from the 19th-Century Sewing Machine Industry

w14993 Peter L. Rousseau
Monetary Policy and the Dollar

w14923 Chang-Tai Hsieh
Edward Miguel
Daniel Ortega
Francisco Rodriguez

The Price of Political Opposition: Evidence from Venezuela's Maisanta

w14847 Brandon Dupont
Alka Gandhi
Thomas Weiss

Fluctuations in Overseas Travel by Americans, 1820 to 2000

w14816 Maurice Obstfeld
Time of Troubles: The Yen and Japan's Economy, 1985-2008

w14766 Jeffrey G. Williamson
History without Evidence: Latin American Inequality since 1491

w14694 Sambit Bhattacharyya
Jeffrey G. Williamson

Commodity Price Shocks and the Australian Economy since Federation

w14686 Joseph H. Davis
Christopher Hanes
Paul W. Rhode

Harvests and Business Cycles in Nineteenth-Century America

w14657 Michael D. Bordo
Ronald MacDonald
Michael J. Oliver

Sterling in crisis: 1964-1967

w14640 Jeremy Atack
Fred Bateman
Michael Haines
Robert A. Margo

Did Railroads Induce or Follow Economic Growth? Urbanization and Population Growth in the American Midwest, 1850-60


2008
w14569 Michael D. Bordo
An Historical Perspective on the Crisis of 2007-2008

w14563 Alan S. Blinder
Jeremy B. Rudd

The Supply-Shock Explanation of the Great Stagflation Revisited

w14560 Robert J. Gordon
Did Economics Cause World War II?

w14555 Hugh Rockoff
Great Fortunes of the Gilded Age

w14532 Michael D. Bordo
Barry Eichengreen

Bretton Woods and the Great Inflation

w14499 Angus Deaton
Alan Heston

Understanding PPPs and PPP-based national accounts

w14493 Sibylle H. Lehmann
Kevin H. O'Rourke

The Structure of Protection and Growth in the Late 19th Century

w14484 Kevin H. O'Rourke
Ahmed S. Rahman
Alan M. Taylor

Luddites and the Demographic Transition

w14422 Asaf Bernstein
Eric Hughson
Marc D. Weidenmier

Can a Lender of Last Resort Stabilize Financial Markets? Lessons from the Founding of the Fed

w14393 Dan Bogart
Gary Richardson

Estate Acts, 1600 to 1830: A New Source for British History

w14377 Paul W. Rhode
Koleman Strumpf

Historical Political Futures Markets: An International Perspective

w14362 Marc D. Weidenmier
Joseph H. Davis
Roger Aliaga-Diaz

Is Sugar Sweeter at the Pump? The Macroeconomic Impact of Brazil's Alternative Energy Program

w14334 Peter Mancall
Joshua Rosenbloom
Thomas J. Weiss

Commodity Exports, Invisible Exports and Terms of Trade for the Middle Colonies, 1720 to 1775

w14267 Farley Grubb
The Distribution of Congressional Spending During the American Revolution, 1775-1780: The Problem of Geographic Balance

w14264 Antoni Estevadeordal
Alan M. Taylor

Is the Washington Consensus Dead? Growth, Openness, and the Great Liberalization, 1970s-2000s

w14217 Maurice Obstfeld
Jay C. Shambaugh
Alan M. Taylor

Financial Stability, the Trilemma, and International Reserves

w14154 Barry Eichengreen
Marc Flandreau

The Rise and Fall of the Dollar, or When Did the Dollar Replace Sterling as the Leading International Currency?

w14142 Alan L. Olmstead
Paul W. Rhode

Biological Innovation and Productivity Growth in the Antebellum Cotton Economy

w14141 Richard C. Sutch
Henry Agard Wallace, the Iowa Corn Yield Tests, and the Adoption of Hybrid Corn

w14130 David Y. Albouy
The Colonial Origins of Comparative Development: An Investigation of the Settler Mortality Data

w14120 Gary Richardson
Patrick Van Horn

Intensified Regulatory Scrutiny and Bank Distress in New York City During the Great Depression

w14090 Kris J. Mitchener
Mari Ohnuki

Institutions, Competition, and Capital Market Integration in Japan

w14077 Gregory Clark
Kevin H. O'Rourke
Alan M. Taylor

Made in America? The New World, the Old, and the Industrial Revolution

w14019 Michael D. Bordo
Michael J. Dueker
David C. Wheelock

Inflation, Monetary Policy and Stock Market Conditions

w13974 Farley Grubb
Creating Maryland's Paper Money Economy, 1720-1739: The Role of Power, Print, and Markets

w13930 Gary Richardson
Brand Names Before the Industrial Revolution

w13918 Niall Ferguson
Moritz Schularick

The "Thin Film Of Gold": Monetary Rules and Policy Credibility In Developing Countries

w13915 Daron Acemoglu
Davide Ticchi
Andrea Vindigni

A Theory of Military Dictatorships

w13913 Wolfgang Keller
Carol H. Shiue

Institutions, Technology, and Trade

w13852 Lee Alston
Shannan Mattiace
Tomas Nonnenmacher

Coercion, Culture and Debt Contracts: The Henequen Industry in Yucatan, Mexico, 1870-1915

w13836 Farley Grubb
Testing for the Economic Impact of the U.S. Constitution: Purchasing Power Parity across the Colonies versus across the States, 1748-1811

w13770 Farley Grubb
The Continental Dollar: What Happened to It after 1779?

w13740 Barry Eichengreen
Sui Generis EMU

w13717 Kaivan Munshi
Nicholas Wilson

Identity, Parochial Institutions, and Occupational Choice: Linking the Past to the Present in the American Midwest


2007
w13577 Michael D. Bordo
Christopher M. Meissner

Foreign Capital and Economic Growth in the First Era of Globalization

w13548 Christina D. Romer
David H. Romer

Do Tax Cuts Starve the Beast: The Effect of Tax Changes on Government Spending

w13543 Leah Platt Boustan
Was Postwar Suburbanization "White Flight"? Evidence from the Black Migration

w13489 Michael D. Bordo
Alberto F. Cavallo
Christopher M. Meissner

Sudden Stops: Determinants and Output Effects in the First Era of Globalization, 1880-1913

w13451 Joseph H. Davis
Douglas A. Irwin

The Antebellum U.S. Iron Industry: Domestic Production and Foreign Competition

w13402 Elizabeth Oltmans Ananat
Daniel M. Hungerman

The Power of the Pill for the Next Generation

w13335 Sun Go
Peter H. Lindert

The Curious Dawn of American Public Schools

w13264 Christina D. Romer
David H. Romer

The Macroeconomic Effects of Tax Changes: Estimates Based on a New Measure of Fiscal Shocks

w13223 Sung Won Kang
Hugh Rockoff

After Johnny Came Marching Home: The Political Economy of Veterans' Benefits in the Nineteenth Century

w13208 Daron Acemoglu
María Angélica Bautista
Pablo Querubín
James A. Robinson

Economic and Political Inequality in Development: The Case of Cundinamarca, Colombia

w13171 Randall Morck
Masao Nakamura

Business Groups and the Big Push: Meiji Japan's Mass Privatization and Subsequent Growth

w13057 Kevin H. O'Rourke
Ahmed S. Rahman
Alan M. Taylor

Trade, Knowledge, and the Industrial Revolution

w13047 Farley Grubb
The Continental Dollar: How Much Was Really Issued?

w12983 Gary Richardson
Patrick Van Horn

Fetters of Debt, Deposit, or Gold during the Great Depression? The International Propagation of the Banking Crisis of 1931

w12868 Isaac Ehrlich
The Mystery of Human Capital as Engine of Growth, or Why the US Became the Economic Superpower in the 20th Century

w12835 Peter L. Rousseau
Backing, the Quantity Theory, and the Transition to the U.S. Dollar, 1723-1850


2006
w12719 Gary Richardson
A Comment Concerning Deposit Insurance and Moral Hazard

w12717 Gary Richardson
Bank Distress during the Great Depression: The Illiquidity-Insolvency Debate Revisited

w12716 Gary Richardson
Correspondent Clearing and the Banking Panics of the Great Depression

w12715 Gary Richardson
Quarterly Data on the Categories and Causes of Bank Distress During the Great Depression

w12662 Michael D. Bordo
Owen Humpage
Anna J. Schwartz

The Historical Origins of U.S. Exchange Market Intervention Policy

w12636 Patricia E. Beeson
Werner Troesken

When Bioterrorism Was No Big Deal

w12594 Ching-Yi Chung
Gary Richardson

Deposit Insurance and the Composition of Bank Suspensions in Developing Economies: Lessons from the State Deposit Insurance Experiments of the 1920S

w12591 Gary Richardson
William Troost

Monetary Intervention Mitigated Banking Panics During the Great Depression: Quasi-Experimental Evidence from the Federal Reserve District Border in Mississippi, 1929 to 1933

w12590 Gary Richardson
Bank Distress During the Great Contraction, 1929 to 1933, New Data from the Archives of the Board of Governors

w12580 Christopher M. Meissner
Alan M. Taylor

Losing our Marbles in the New Century? The Great Rebalancing in Historical Perspective

w12572 J. David Hacker
Michael R. Haines

American Indian Mortality in the Late Nineteenth Century: The Impact of Federal Assimilation Policies on a Vulnerable Population

w12558 Chiaki Moriguchi
Emmanuel Saez

The Evolution of Income Concentration in Japan, 1886-2002: Evidence from Income Tax Statistics

w12543 Alan M. Taylor
Janine L. F. Wilson

International Trade and Finance under the Two Hegemons: Complementaries in the United Kingdom 1870-1913 and the United States 1920-30

w12491 Michael Bordo
Thomas Helbling
Harold James

Swiss Exchange Rate Policy in the 1930s. Was the Delay in Devaluation Too High a Price to Pay for Conservatism?

w12460 Gayle Allard
Peter H. Lindert

Euro-Productivity and Euro-Jobs since the 1960s: Which Institutions Really Mattered?

w12393 Michael D. Bordo
Sudden Stops, Financial Crises, and Original Sin in Emerging Countries: Déjà vu?

w12299 Michael D. Bordo
Christopher M. Meissner
Marc D. Weidenmier

Currency Mismatches, Default Risk, and Exchange Rate Depreciation: Evidence from the End of Bimetallism

w12264 Valerie A. Ramey
Neville Francis

A Century of Work and Leisure

w12175 Torsten Persson
Guido Tabellini

Democratic Capital: The Nexus of Political and Economic Change

w12138 Eugene N. White
Bubbles and Busts: The 1990s in the Mirror of the 1920s

w12137 Filippo Occhino
Kim Oosterlinck
Eugene N. White

How Occupied France Financed Its Own Exploitation in World War II

w12108 Daron Acemoglu
James A. Robinson

Persistence of Power, Elites and Institutions

w12045 Peter C. Mancall
Joshua Rosenbloom
Thomas Weiss

Exports and Slow Economic Growth in the Lower South Region, 1720-1800

w12035 Michael D. Bordo
Peter L. Rousseau

Legal-Political Factors and the Historical Evolution of the Finance-Growth Link

w11940 Daron Acemoglu
Modeling Inefficient Institutions


2005
w11897 Michael D. Bordo
Christopher M. Meissner

The Role of Foreign Currency Debt in Financial Crises: 1880-1913 vs. 1972-1997

w11795 Natalia Chernyshoff
David S. Jacks
Alan M. Taylor

Stuck on Gold: Real Exchange Rate Volatility and the Rise and Fall of the Gold Standard

w11784 Farley Grubb
Two Theories of Money Reconciled: The Colonial Puzzle Revisited with New Evidence

w11778 Robert J. Gordon
The 1920s and the 1990s in Mutual Reflection

w11776 Robert J. Gordon
Todd vanGoethem

A Century of Housing Shelter Prices: Is There a Downward Bias in the CPI?

w11634 Barry Eichengreen
Muge Adalet

Current Account Reversals: Always a Problem?

w11625 Barry Eichengreen
Mariko Hatase

Can a Rapidly-Growing Export-Oriented Economy Smoothly Exit an Exchange Rate Peg? Lessons for China from Japan's High-Growth Era

w11563 Pierre-Olivier Gourinchas
Hélène Rey

From World Banker to World Venture Capitalist: US External Adjustment and the Exorbitant Privilege

w11562 Marvin Goodfriend
Robert King

The Incredible Volcker Disinflation

w11484 Timothy Besley
Torsten Persson
Daniel Sturm

Political Competition and Economic Performance: Theory and Evidence from the United States

w11472 Kris James Mitchener
Marc D. Weidenmier

Supersanctions and Sovereign Debt Repayment

w11237 Harold L. Cole
Lee E. Ohanian
Ron Leung

Deflation and the International Great Depression: A Productivity Puzzle

w11157 Joseph H. Davis
An Improved Annual Chronology of U.S. Business Cycles since the 1790's

w11057 Stanley L. Engerman
Kenneth L. Sokoloff

Colonialism, Inequality, and Long-Run Paths of Development

w11045 Francesco Caselli
Silvana Tenreyro

Is Poland the Next Spain?

w11022 Diego Comin
Bart Hobijn

Lobbies and Technology Diffusion


2004
w10966 B. Zorina Khan
Kenneth L. Sokoloff

Institutions and Technological Innovation During the Early Economic Growth: Evidence from the Great Inventors of the United States, 1790-1930

w10965 Stanley Engerman
Kenneth L. Sokoloff

Digging the Dirt at Public Expense: Governance in the Building of the Erie Canal and Other Public Works

w10951 Charles W. Calomiris
Joseph R. Mason

Resolving the Puzzle of the Underissuance of National Bank Notes

w10924 John Landon-Lane
Hugh Rockoff

Monetary Policy and Regional Interest Rates in the United States, 1880-2002

w10833 Michael D. Bordo
Andrew Filardo

Deflation and Monetary Policy in a Historical Perspective: Remembering the Past or Being Condemned to Repeat It?

w10702 Peter L. Rousseau
A Common Currency: Early U.S. Monetary Policy and the Transition to the Dollar

w10661 Robert J. Gordon
Why was Europe Left at the Station When America's Productivity Locomotive Departed?

w10660 Robert J. Gordon
Five Puzzles in the Behavior of Productivity, Investment, and Innovation

w10600 Christopher Blattman
Jason Hwang
Jeffrey G. Williamson

The Impact of the Terms of Trade on Economic Development in the Periphery, 1870-1939: Volatility and Secular Change

w10583 Eugene Canjels
Gauri Prakash-Canjels
Alan M. Taylor

Measuring Market Integration: Foreign Exchange Arbitrage and the Gold Standard, 1879-1913

w10580 Hugh Rockoff
Until it's Over, Over There: The U.S. Economy in World War I

w10481 Daron Acemoglu
Simon Johnson
James Robinson

Institutions as the Fundamental Cause of Long-Run Growth

w10479 Howard Bodenhorn
Bank Chartering and Political Corruption in Antebellum New York: Free Banking as Reform

w10364 Stephen N. Broadberry
Douglas A. Irwin

Labor Productivity in Britain and America During the Nineteenth Century

w10358 Philippe Aghion
Peter Howitt
David Mayer-Foulkes

The Effect of Financial Development on Convergence: Theory and Evidence


2003
w10130 Michael D. Bordo
Thomas Helbling

Have National Business Cycles Become More Synchronized?

w10108 Namsuk Kim
John Joseph Wallis

The Market for American State Government Bonds in Britain and the United States, 1830-1843

w9989 Stanley L. Engerman
Kenneth L. Sokoloff

Institutional and Non-Institutional Explanations of Economic Differences

w9942 Joel Waldfogel
Lu Chen

Does Information Undermine Brand? Information Intermediary Use and Preference for Branded Web Retailers

w9940 Christopher Blattman
Jason Hwang
Jeffrey G. Williamson

The Terms of Trade and Economic Growth in the Periphery 1870-1938

w9522 Hugh Rockoff
Deflation, Silent Runs, and Bank Holidays, in the Great Contraction

w9520 Michael D. Bordo
Angela Redish

Is Deflation depressing? Evidence from the Classical Gold Standard

w9445 Kris James Mitchener
Ian W. McLean

The Productivity of U.S. States Since 1880


2002
w9377 Daron Acemoglu
Why Not a Political Coase Theorem? Social Conflict, Commitment and Politics

w9277 G. William Schwert
Anomalies and Market Efficiency

w9261 George J. Hall
Exchange Rates and Casualties During the First World War

w9259 Stanley L Engerman
Kenneth L. Sokoloff

Factor Endowments, Inequality, and Paths of Development Among New World Economics

w9233 Christopher M. Meissner
A New World Order: Explaining the Emergence of the Classical Gold Standard

w9106 William Easterly
Ross Levine

Tropics, Germs, and Crops: How Endowments Influence Economic Development

w9011 John Landon-Lane
Eugene N. White
Adam Klug

How Could Everyone Have Been So Wrong? Forecasting the Great Depression with the Railroads

w8955 Kevin H. O'Rourke
Jeffrey G. Williamson

From Malthus to Ohlin: Trade, Growth and Distribution Since 1500

w8860 Paul W. Rhode
Gallman's Annual Output Series for the United States, 1834-1909

w8831 Daron Acemoglu
James A. Robinson

Economic Backwardness in Political Perspective

w8818 William D. Nordhaus
The Health of Nations: The Contribution of Improved Health to Living Standards

w8800 Christina D. Romer
David H. Romer

A Rehabilitation of Monetary Policy in the 1950s

w8762 Boyan Jovanovic
Peter L. Rousseau

Moore's Law and Learning-By-Doing

w8736 Victor Zarnowitz
Ataman Ozyildirim

Time Series Decomposition and Measurement of Business Cycles, Trends and Growth Cycles


2001
w8520 Raphael Bergoeing
Patrick J. Kehoe
Timothy J. Kehoe
Raimundo Soto

A Decade Lost and Found: Mexico and Chile in the 1980s

w8485 Nathan Rosenberg
Manuel Trajtenberg

A General Purpose Technology at Work: The Corliss Steam Engine in the late 19th Century US

w8375 Peter C. Mancall
Joshua L. Rosenbloom
Thomas Weiss

Agricultural Labor Productivity in the Lower South, 1720-1800

h0133 John Joseph Wallis
What Caused the Crisis of 1839?

w8188 Yael S. Hadass
Jeffrey G. Williamson

Terms of Trade Shocks and Economic Performance 1870-1940: Prebisch and Singer Revisited

w8113 Chang-Tai Hsieh
Christina D. Romer

Was the Federal Reserve Fettered? Devaluation Expectations in the 1932 Monetary Expansion


2000
w8035 Barry Eichengreen
The EMS Crisis in Retrospect

w7650 Dora L. Costa
American Living Standards, 1888-1994: Evidence From Consumer Expenditures

w7639 Douglas A. Irwin
Tariffs and Growth in Late Nineteenth Century America

w6767 Gerardo della Paolera
Alan M. Taylor

Economic Recovery from the Argentine Great Depression: Institutions, Expectations, and the Change of Macroeconomic Regime

w7528 Peter L. Rousseau
Jacksonian Monetary Policy, Specie Flows, and the Panic of 1837

h0068 Alan M. Taylor
Peopling the Pampa: On the Impact of Mass Migration to the River Plate, 1870-1914


1999
w7438 Eugene N. White
The Costs and Consequences of the Napoleonic Reparations

w6217 Dora L. Costa
A House of Her Own: Old Age Assistance and the Living Arrangements of Older Nonmarried Women

w7146 Jeffrey G. Williamson
The Impact of Globalization on Pre-Industrial, Technologically Quiescent Economies

h0117 Peter L. Rousseau
Share Liquidity and Industrial Growth in an Emerging Market: The Case of New England, 1854-1897

h0113 Joshua L. Rosenbloom
The Challenges of Economic Maturity: New England, 1880 - 1940


1998
w6862 Michael D. Bordo
Carlos A. Vegh

What If Alexander Hamilton Had Been Argentinean? A Comparison of the Early Monetary Experiences of Argentina and the United States


1997
h0106 Susan B. Carter
Richard Sutch

Historical Perspectives on the Economic Consequences of Immigration into the United States

w6288 Joshua L. Rosenbloom
William A. Sundstrom

The Sources of Regional Variation in the Severity of the Great Depression: Evidence from U.S. Manufacturing, 1919-1937

h0103 Jeremy Atack
Peter L. Rousseau

Business Activity and the Boston Stock Market, 1835-1869

w6073 Gauri Prakash
Alan M. Taylor

Measuring Market Integration: A Model of Arbitrage with an Econometric Application to the Gold Standard, 1879-1913

w6071 Michael D. Bordo
Christopher J. Erceg
Charles L. Evans

Money, Sticky Wages, and the Great Depression

w6054 Dora L. Costa
Less of a Luxury: The Rise of Recreation since 1888


1996
w5798 Alan M. Taylor
Convergence and International Factor Flows in Theory and History

w5611 J. Bradford De Long
Keynesianism, Pennsylvania Avenue Style: Some Economic Consequences of the Employment Act of 1946

h0084 J. Bradford De Long
America's Only Peacetime Inflation: The 1970s

w5443 Paul M. Romer
Why, indeed, in America? Theory, History, and the Origins of Modern Economic Growth

w5432 Alan M. Taylor
On the Costs of Inward-Looking Development: Historical Perspectives on Price Distortions, Growth, and Divergence in Latin American from 1930s - 1980s


1995
h0077 Hugh Rockoff
From Plowshares to Swords: The American Economy in World War II

w5340 Michael D. Bordo
The Gold Standard as a `Good Housekeeping Seal of Approval'

w4547 Bernhard Eschweiler
Michael D. Bordo

Rules, Discretion, and Central Bank Independence: The German Experience 1880-1989


1994
h0060 Alan M. Taylor
Three Phases of Argentine Economic Growth

w4814 Ben S. Bernanke
The Macroeconomics of the Great Depression: A Comparative Approach

w4809 Graciela L. Kaminsky
Michael Klein

The Real Exchange Rate and Fiscal Policy During the Gold Standard PeriodEvidence from the United States and Great Britain

w4711 Alan M. Taylor
Jeffrey G. Williamson

"Convergence in the Age of Mass Migration"


1993
h0052 Hugh Rockoff
The Meaning of Money in the Great Depression

w4515 Caroline M. Betts
Michael D. Bordo
Angela Redish

A Small Open Economy in Depression: Lessons from Canada in the 1930s

w4415 Michael D. Bordo
Charles L. Evans

Labor Productivity During the Great Depression

w4274 J. Bradford De Long
Andrei Shleifer

Princes and Merchants: European City Growth before the Industrial Revolution


1992
w4166 Charles W. Calomiris
Greenback Resumption and Silver Risk: The Economics and Politics of Monetary Regime Change in the United States, 1862-1900

w4024 Michael Bordo
Angela Redish

Maximizing Seignorage Revenue During Temporary Suspensions of Convertibility: A Note

w4005 Mark W. Watson
Business Cycle Durations and Postwar Stabilization of the U.S. Economy

w3980 S. Lael Brainard
Sectoral Shifts and Unemployment in Interwar Britain


1991
w3903 J. Bradford De Long
Productivity and Machinery Investment: A Long Run Look 1870-1980

w3829 Christina D. Romer
What Ended the Great Depression?


Generated Sat Dec 27 00:00:17 2014

 
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