发布求助
文献互助 智能选刊 最新文献

Explorations in Economic History最新文献

筛选
英文 中文
Democratization, personal wealth of politicians and voting behavior 民主化、政治家个人财富与投票行为
IF 1.7 1区 历史学
Explorations in Economic History Pub Date : 2026-01-01 Epub Date: 2025-11-21 DOI: 10.1016/j.eeh.2025.101733
Bas Machielsen
{"title":"Democratization, personal wealth of politicians and voting behavior","authors":"Bas Machielsen","doi":"10.1016/j.eeh.2025.101733","DOIUrl":"10.1016/j.eeh.2025.101733","url":null,"abstract":"<div><div>Between about 1850 and 1920, Western Europe underwent a period of democratization and liberalization, resulting in the expansion of government and the establishment of universal suffrage. This paper examines the impact of politicians’ personal wealth on this process, with a focus on the case of The Netherlands, using data from newly-collected probate inventories as a measure of politicians’ wealth. The paper finds that the wealth of parliaments decreased significantly over time, and that richer politicians were more likely to vote against fiscal legislation, suggesting that personal wealth negatively influenced the probability of increasing taxes and played a role in determining government size. The analyses presented in the paper support a causal interpretation of these results. However, the study finds no significant relationship between politicians’ personal wealth and their voting behavior on suffrage extensions.</div></div>","PeriodicalId":47413,"journal":{"name":"Explorations in Economic History","volume":"99 ","pages":"Article 101733"},"PeriodicalIF":1.7,"publicationDate":"2026-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145575568","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"历史学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Soaring in rationality: Bonds as a partial hedge against hyperinflation 理性的飙升：债券作为对抗恶性通货膨胀的部分对冲
IF 1.7 1区 历史学
Explorations in Economic History Pub Date : 2026-01-01 Epub Date: 2025-10-31 DOI: 10.1016/j.eeh.2025.101720
Zhihao Xu
{"title":"Soaring in rationality: Bonds as a partial hedge against hyperinflation","authors":"Zhihao Xu","doi":"10.1016/j.eeh.2025.101720","DOIUrl":"10.1016/j.eeh.2025.101720","url":null,"abstract":"<div><div>Why do states repay their debts? This paper addresses this question by examining how the Nationalist government partially honored major domestic bonds traded in Shanghai—<em>the Consolidated Bonds</em>—amid hyperinflation in post-World War II China. Three main findings emerge: (1) Bond prices surged exponentially between 1946 and 1948, surpassing traditional valuation benchmarks by tens of thousands of times, as a partial hedge against hyperinflation. (2) Price fluctuations were significantly driven by news indicating that the bonds might be redeemed at multiples of their face values following a prospective currency reform. (3) The Government ultimately responded to public expectations by redeeming the bonds at nominally generous multipliers, which aimed not only to sustain its bond issuance capacity but, more crucially, to preserve a currency system closely tied to its bond creditworthiness at relatively low fiscal cost. These findings suggest that a hybrid of the two principal theories of sovereign debt repayment best explains the experience of China’s Consolidated Bonds.</div></div>","PeriodicalId":47413,"journal":{"name":"Explorations in Economic History","volume":"99 ","pages":"Article 101720"},"PeriodicalIF":1.7,"publicationDate":"2026-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145404598","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"历史学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
A land of sages: A legacy of former elites and university professors in Vietnam 圣贤之地：越南前精英和大学教授的遗产
IF 1.7 1区 历史学
Explorations in Economic History Pub Date : 2026-01-01 Epub Date: 2025-11-17 DOI: 10.1016/j.eeh.2025.101723
Luu Duc Toan Huynh , Kiet Tuan Duong
{"title":"A land of sages: A legacy of former elites and university professors in Vietnam","authors":"Luu Duc Toan Huynh ,&nbsp;Kiet Tuan Duong","doi":"10.1016/j.eeh.2025.101723","DOIUrl":"10.1016/j.eeh.2025.101723","url":null,"abstract":"<div><div>Using a unique dataset of 3,022 elites from the Ly to Nguyen dynasties (1075–1919) and 1,324 recent associate (and full) professors (2021–2023), we find that regions with more historical elites have more modern professors. Using the distance to the school exam venue and the distance to the coastal areas as instrumental variables, we establish such a causal relationship. In addition, social capital benefits those from areas dense with historical elites. We analyze data from temples, schools, and streets named after elites to identify cultural mechanisms linking historical elites to contemporary academic roles in Vietnam. This study demonstrates the lasting impact of historical traditions on human capital today in Confucian contexts.</div></div>","PeriodicalId":47413,"journal":{"name":"Explorations in Economic History","volume":"99 ","pages":"Article 101723"},"PeriodicalIF":1.7,"publicationDate":"2026-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145553696","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"历史学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Delegating governmental authority to private actors: Lordships, state capacity and development 将政府权力下放给私人行为者：领主、国家能力和发展
IF 1.7 1区 历史学
Explorations in Economic History Pub Date : 2026-01-01 Epub Date: 2025-12-11 DOI: 10.1016/j.eeh.2025.101737
Daniel Oto-Peralías
{"title":"Delegating governmental authority to private actors: Lordships, state capacity and development","authors":"Daniel Oto-Peralías","doi":"10.1016/j.eeh.2025.101737","DOIUrl":"10.1016/j.eeh.2025.101737","url":null,"abstract":"<div><div>This paper investigates the consequences of delegating governmental authority to private actors through the study of lordships, a pivotal political institution in historical Europe. I first document a negative relationship between being a seigneurial town and central state capacity in ancien-regime Spain. Next, I focus on the Kingdom of Granada after its conquest by Castile in 1492 to leverage on that the initial distribution of lordships was conditionally exogenous, with the results corroborating the negative effect of lordships on state capacity. I further show two additional important results. First, the effect is very persistent, with former lordships towns featuring less state capacity almost a century after the abolition of the seigneurial regime. Second, there is a non-monotonic effect on economic growth. Contrary to conventional wisdom, lordships towns did not underperform royal towns during the Ancien Régime. Yet, despite not having started with disadvantage, former seigneurial towns experienced lower population growth from the 1910s onwards, a period in which the Spanish state started to play a bigger investment role. Thus, towns with historically less state presence benefited less from state’s investments, lagging behind.</div></div>","PeriodicalId":47413,"journal":{"name":"Explorations in Economic History","volume":"99 ","pages":"Article 101737"},"PeriodicalIF":1.7,"publicationDate":"2026-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145732699","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"历史学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The economic functions of extrajudicial violence in the Jim Crow South 法外暴力在南方种族歧视中的经济功能
IF 1.7 1区 历史学
Explorations in Economic History Pub Date : 2026-01-01 Epub Date: 2025-12-02 DOI: 10.1016/j.eeh.2025.101735
Mark Stelzner , William Darity Jr.
{"title":"The economic functions of extrajudicial violence in the Jim Crow South","authors":"Mark Stelzner ,&nbsp;William Darity Jr.","doi":"10.1016/j.eeh.2025.101735","DOIUrl":"10.1016/j.eeh.2025.101735","url":null,"abstract":"<div><div>In this paper, we analyze the direct economic functions of White-on-Black violence in the Jim Crow South. As we will see, White-on-Black violence was used to control Black labor and to seize gains made by Black agriculturalists. We find that White-on-Black lynchings during the pre-harvest period were used by White landlords to increase the total amount of man-hours expended by Black sharecroppers. We also find that the occurrence of one or more White-on-Black lynchings in a given county is associated with a 1.9 percent decrease in Black landownership in the same county in each of the three years following said lynching, and we find that the 1912 Forsyth Massacre and the 1906 Atlanta Massacre had even larger effects. Given the high frequency of White-on-Black violence in the Jim Crow South, the impact on Black labor and the cumulative effect on Black landownership and town and city property were huge.</div></div>","PeriodicalId":47413,"journal":{"name":"Explorations in Economic History","volume":"99 ","pages":"Article 101735"},"PeriodicalIF":1.7,"publicationDate":"2026-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145657194","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"历史学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Missing markets. Microstructure and liquidity on the London Stock Exchange 缺失市场的微观结构和伦敦证券交易所的流动性
IF 1.7 1区 历史学
Explorations in Economic History Pub Date : 2026-01-01 Epub Date: 2025-12-18 DOI: 10.1016/j.eeh.2025.101736
Rui Esteves , Gabriel Geisler Mesevage
{"title":"Missing markets. Microstructure and liquidity on the London Stock Exchange","authors":"Rui Esteves ,&nbsp;Gabriel Geisler Mesevage","doi":"10.1016/j.eeh.2025.101736","DOIUrl":"10.1016/j.eeh.2025.101736","url":null,"abstract":"<div><div>This paper studies the behavior of specialist dealers operating in the London Stock Exchange in the 1870s. The LSE was a free-entry exclusive dealers market, where dealers were free to choose which securities to deal in. We show that dealers concentrated their market making in the most liquid securities. A combination of adverse selection and inventory costs prevented the development of liquid markets in most securities, with dealers opting instead to provide matchmaking services. Our results call for a reappreciation of the liquidity of the London market and offer a new interpretation of stylized facts about the Victorian investor behavior.</div></div>","PeriodicalId":47413,"journal":{"name":"Explorations in Economic History","volume":"99 ","pages":"Article 101736"},"PeriodicalIF":1.7,"publicationDate":"2026-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145785796","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"历史学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Inequality, economic stress, and demographic response: Introduction 不平等、经济压力和人口反应：导论
IF 1.7 1区 历史学
Explorations in Economic History Pub Date : 2025-10-01 Epub Date: 2025-07-23 DOI: 10.1016/j.eeh.2025.101711
Tommy Bengtsson , Cameron Campbell
{"title":"Inequality, economic stress, and demographic response: Introduction","authors":"Tommy Bengtsson ,&nbsp;Cameron Campbell","doi":"10.1016/j.eeh.2025.101711","DOIUrl":"10.1016/j.eeh.2025.101711","url":null,"abstract":"","PeriodicalId":47413,"journal":{"name":"Explorations in Economic History","volume":"98 ","pages":"Article 101711"},"PeriodicalIF":1.7,"publicationDate":"2025-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144898792","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"历史学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Can the Great Compression be explained by Wartime Wage Controls? 大压缩可以用战时工资控制来解释吗？
IF 2.6 1区 历史学
Explorations in Economic History Pub Date : 2025-10-01 Epub Date: 2025-06-26 DOI: 10.1016/j.eeh.2025.101691
Chris Vickers , Nicolas L. Ziebarth
{"title":"Can the Great Compression be explained by Wartime Wage Controls?","authors":"Chris Vickers ,&nbsp;Nicolas L. Ziebarth","doi":"10.1016/j.eeh.2025.101691","DOIUrl":"10.1016/j.eeh.2025.101691","url":null,"abstract":"<div><div>The wage controls of the National War Labor Board (NWLB) have been credited with contributing to the decline in income inequality from 1940 to 1950 that occurred along many different dimensions including across regions and occupations. We calculate an upper bound for the effect of the NWLB during this decade by assuming the controls were maximally binding. At the upper bound, the controls could explain an important fraction of cross-region convergence, but they likely had little effect on inequality between occupations. Moreover, because of sorting by race and education into occupations, the controls cannot explain much of the narrowing of the educational skill premium nor the racial gap. We conclude that the controls are not a “one size fits all” explanation for the Great Compression.</div></div>","PeriodicalId":47413,"journal":{"name":"Explorations in Economic History","volume":"98 ","pages":"Article 101691"},"PeriodicalIF":2.6,"publicationDate":"2025-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144515917","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"历史学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Rails of Progress? Exploring the nexus between railroad access and innovation in Italy (19th-20th centuries) 进步的轨道？探索意大利铁路通道与创新之间的关系（19 -20世纪）
IF 1.7 1区 历史学
Explorations in Economic History Pub Date : 2025-10-01 Epub Date: 2025-09-16 DOI: 10.1016/j.eeh.2025.101718
Marco Martinez , Alessandro Nuvolari , Michelangelo Vasta
{"title":"Rails of Progress? Exploring the nexus between railroad access and innovation in Italy (19th-20th centuries)","authors":"Marco Martinez ,&nbsp;Alessandro Nuvolari ,&nbsp;Michelangelo Vasta","doi":"10.1016/j.eeh.2025.101718","DOIUrl":"10.1016/j.eeh.2025.101718","url":null,"abstract":"<div><div>This paper provides new evidence on the nexus between railroads and inventive activities in Italy in the period 1861–1936. We develop two new georeferenced datasets on railroad stations and patents covering about 8,000 municipalities. By adopting a staggered difference in differences identification strategy, we show that the impact of railroad construction on innovation is noticeable for the first wave of construction of the period of the <em>Destra storica</em> (1861–1878), when the network was expanded following a state building strategy. However, these effects became noticeable only after two decades and concern mostly independent inventors and low-quality patents. Finally, we show that railroad access fostered innovation, particularly in locations with more advanced pre-existing capabilities.</div></div>","PeriodicalId":47413,"journal":{"name":"Explorations in Economic History","volume":"98 ","pages":"Article 101718"},"PeriodicalIF":1.7,"publicationDate":"2025-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145324309","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"历史学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Catholicism in early 20th century China: A re-examination 20世纪初中国天主教：再考察
IF 1.7 1区 历史学
Explorations in Economic History Pub Date : 2025-10-01 Epub Date: 2025-10-30 DOI: 10.1016/j.eeh.2025.101719
Ningning Ma , Yiling Zhao
{"title":"Catholicism in early 20th century China: A re-examination","authors":"Ningning Ma ,&nbsp;Yiling Zhao","doi":"10.1016/j.eeh.2025.101719","DOIUrl":"10.1016/j.eeh.2025.101719","url":null,"abstract":"<div><div>The impact of Catholic missions on modern China’s development remains understudied, unlike that of their Protestant counterparts. This gap in research stems from not only the influence of Weber’s Protestant-ethic thesis but also practical research barriers, as Catholic mission locations are often recorded at sub-county levels or using non-standardized Romanization. This paper introduces two methods to improve geocoding in such cases: cross-referencing local gazetteers and developing a phonetic cross-walk to standardized Romanization. While using publicly available GIS data locate only 47.4% of church sites, our method can be used to identify an additional 39.6% of these sites. This enhanced precision enables a re-interpretation of Catholic missions’ impact in modern China, particularly in comparison with Protestant missions.</div></div>","PeriodicalId":47413,"journal":{"name":"Explorations in Economic History","volume":"98 ","pages":"Article 101719"},"PeriodicalIF":1.7,"publicationDate":"2025-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145465702","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"历史学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
首页 上一页 下一页 尾页
0
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
提示
您的信息不完整，为了账户安全，请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
现在去查看 取消
×
提示
确定
请完成安全验证×
相关产品
×
本文献相关产品
联系我们：info@booksci.cn Book学术提供免费学术资源搜索服务，方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。 Copyright © 2023 布克学术 All rights reserved.
京ICP备2023020795号-1
ghs 京公网安备 11010802042870号
Book学术文献互助
Book学术文献互助群
群 号：604180095
Book学术官方微信
小红书