Found 16 article(s) for author 'Economic History'

History, Micro Data, and Endogenous Growth

History, Micro Data, and Endogenous Growth. Tom Nicholas, September 8, 2018, Paper, “Economic growth is concerned with long-run changes, and therefore historical data should be especially influential in informing the development of new theories. In this paper we draw on the recent literature to highlight areas in which history has played a particularly prominent role in improving our understanding of growth dynamics. Research at the intersection of historical data, theory and empirics has the potential to re-frame how we think about economic growth in much the same way that historical perspectives helped to shape the first generation of endogenous growth theories.Link

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The Development Century – A Global History

The Development Century – A Global History. Erez Manela, 2018, Book, “This anthology offers a cutting-edge perspective on how development has shaped the history of the modern world. Stephen J. Macekura and Erez Manela have gathered together leading historians to examine development on the international, regional, and national levels, as well as local manifestations of development initiatives and transnational organizing on behalf of alternative approaches. Themes include the relationship between empire and development, the role of international institutions, the influence of the Cold War, decolonization and post-colonial development strategies, reform and resistance to development, development and global health, and the ecological effects of development.Link

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Historical Political Economy

Historical Political Economy. Sophus Reinert, August 17, 2018, Book Chapter, “This chapter explores the cyclicality of historical awareness in economics. It shows how, over the centuries, there have been numerous moments when a tendency toward theoretical abstraction has resulted in real-world catastrophes which, in turn, have inspired a return to more historically-grounded approaches to economic inquiry and policy.Link

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Whither American Exceptionalism?

Whither American Exceptionalism? Niall Ferguson, 2018, Book Chapter, “When you give an essay a title like “Whither American exceptionalism?” there is obviously a joke to be made. Is American exceptionalism withering? Th at is really the question that I want to pose. Let me fi rst talk a little bit about economic and political history, and tell you what has not been exceptional about American history. Let us look at population fi gures since the time of the early republic (see figure 1); the gray line is the population of the United States. Th e x- axis is on a logarithmic scale so that we can fi t China in. Th is story is a clear- cut one.Link

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New Perspectives on the History of Political Economy

New Perspectives on the History of Political Economy. Sophus Reinert, 2018, Book, “This volume offers a snapshot of the resurgent historiography of political economy in the wake of the ongoing global financial crisis, and suggests fruitful new agendas for research on the political-economic nexus as it has developed in the Western world since the end of the Middle Ages. New Perspectives on the History of Political Economy brings together a select group of young and established scholars from a wide variety of disciplinary backgrounds—history, economics, law, and political science—in an effort to begin a re-conceptualization of the origins and history of political economy through a variety of still largely distinct but complementary historical approaches—legal and intellectual, literary and philosophical, political and economic—and from a variety of related perspectives: debt and state finance, tariffs and tax policy, the encouragement and discouragement of trade, merchant communities and companies, smuggling and illicit trades, mercantile and colonial systems, economic cultures, and the history of economic doctrines more narrowly construed.Link

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Innovation Policy and the Economy

Innovation Policy and the Economy (Volume 18). Josh Lerner, 2018, Book, “This volume is the eighteenth annual volume of the National Bureau of Economic Research (NBER) Innovation Policy and the Economy (IPE) group. The IPE group provides an accessible forum to bring the work of leading academic researchers to an audience of policymakers and those interested in the interaction between…Link

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Financial Systems, Economic Growth, and Globalization in the Era of the Cold War

Financial Systems, Economic Growth, and Globalization in the Era of the Cold War. Niall Ferguson, 2017, Book Chapter, “Financial historians have long been interested in the relationship between financial innovation and economic growth (eg, Rousseau and Sylla 2003). From the rise of the Dutch Republic to the golden age of the pax americana, banks, capital markets, and other…Link

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The Development of the American Economy Program

The Development of the American Economy Program. Claudia Goldin, June 2017, Paper, “The mission of the Development of the American Economy Program is to research historical aspects of the American economy broadly defined. Its members are economic historians whose specific interests span many subfields within economics. Economic history is a distinct field, like macro, public finance, and labor, with a group of practitioners who self-identify as economic historians. Economic historians study parts of the past that are relevant to the issues of our day.Link

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Australian Squatters, Convicts, and Capitalists: Dividing Up a Fast-Growing Frontier Pie 1821-1871

Australian Squatters, Convicts, and Capitalists: Dividing Up a Fast-Growing Frontier Pie 1821-1871. Jeffrey Williamson, April 2017, Paper, “Compared with its nineteenth century competitors, Australian GDP per worker grew exceptionally fast, about twice that of the US and three times that of Britain. This paper asks whether the fast growth performance produced rising inequality. Using a novel data set we offer new evidence supporting unambiguously the view that, in sharp contrast with US, Australia underwent a revolutionary leveling in incomes between the 1820s and the 1870s. This assessment is based on our annual estimates of functional shares in the form of land rents, convict incomes, free unskilled incomes, free skill premiums, British imperial transfers and a capitalist residual.Link

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