{"title":"Incentives and the economics of freedom: Slave peculium, manumission and paramone in ancient Greece","authors":"Laurent Gauthier","doi":"10.1016/j.eeh.2025.101721","DOIUrl":"10.1016/j.eeh.2025.101721","url":null,"abstract":"<div><div>This paper seeks to explain ancient Greek-specific manumission patterns that economic models have not yet accounted for. According to epigraphic sources, some slaves were able to retain earnings, which potentially allowed them to purchase their freedom (manumission), but in many cases there was a <em>paramone</em>, a duty to remain with the former master, for several years or until the master’s death. Manumission prices were also well above recorded slave sale prices. I propose a tractable incentive-theoretic account of these phenomena: the income share serves as effort incentive, manumission prices screen ability, and <em>paramone</em> acts as a credibility device that eliminates the master’s financial incentive to unilaterally take all of the slave’s savings. Simulations align with basic facts, reproducing high manumission premia and the substantial share of conditional manumissions in the epigraphic record.</div></div>","PeriodicalId":47413,"journal":{"name":"Explorations in Economic History","volume":"98 ","pages":"Article 101721"},"PeriodicalIF":1.7,"publicationDate":"2025-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145435098","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}
{"title":"Teacher shortages, the business cycle, and teacher demand: A long-run perspective","authors":"Torberg Falch, Bjarne Strøm","doi":"10.1016/j.eeh.2025.101714","DOIUrl":"10.1016/j.eeh.2025.101714","url":null,"abstract":"<div><div>This paper examines the historical relationships between teacher shortages, teacher demand, and the business cycle using Norwegian data covering a period of >160 years (1861–2024). We find a procyclical pattern in teacher shortages, in particular for the post-WW2 period. The post-WW2 results imply that doubling the unemployment rate reduces teacher shortage by about 10 percent. The finding corroborates evidence from other countries that the public sector hires employees with higher skills during recessions than during booms. In addition, teacher demand increases teacher shortages, where the finding is similar in OLS-models, IV-models, and a panel data approach for the pre-WW2 period. The results indicate that a ten percent increase in teacher demand raises teacher shortages by about 30 percent in the pre-WW2 period and about 40 percent in the post-WW2 period. The increased effects of teacher demand and the business cycles on teacher shortages over the 160-year-long period appear consistent with the centralization of school financing and teacher wage setting that took place after WW2.</div></div>","PeriodicalId":47413,"journal":{"name":"Explorations in Economic History","volume":"98 ","pages":"Article 101714"},"PeriodicalIF":1.7,"publicationDate":"2025-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144865566","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}
{"title":"Natural disasters, missing pupils: Evidence from colonial Jamaica’s school system","authors":"Joel Huesler","doi":"10.1016/j.eeh.2025.101710","DOIUrl":"10.1016/j.eeh.2025.101710","url":null,"abstract":"<div><div>This paper quantifies how large-scale natural shocks impede human-capital accumulation when state capacity is weak. I assemble a new monthly panel (1892–1942) linking parish attendance, exam scores, and six-hourly HURDAT wind fields. Exploiting quasi-random timing and storm trajectories, I estimate causal impacts with (i) a distributed-lag DiD, (ii) a stacked event study, and (iii) a continuous-intensity triple-difference design. A category 2 hurricane cuts attendance by 3.6% and test scores by 3%, 90% of the exam loss flowing through storm-induced absences. Losses are larger in high-volatility, urban, and agriculture-dependent parishes; each prior hurricane since 1892 leaves a −1.4 pp legacy drop in attendance. Results are robust to alternative metrics, population-weighted damage, placebos, and Fisher tests.</div></div>","PeriodicalId":47413,"journal":{"name":"Explorations in Economic History","volume":"98 ","pages":"Article 101710"},"PeriodicalIF":1.7,"publicationDate":"2025-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144766654","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}
{"title":"The Inquisition and the decline of science in Spain","authors":"Gary W. Cox , Valentin Figueroa","doi":"10.1016/j.eeh.2025.101699","DOIUrl":"10.1016/j.eeh.2025.101699","url":null,"abstract":"<div><div>A traditional argument that the Spanish Inquisition did <em>not</em> depress scientific research is that Spain experienced its Golden Age (1492–1657) after the Inquisition was formed (1478). Yet the arts, rather than the sciences, flourished; and we argue that the Inquisition had important chilling effects on the latter. Historically focused on persecuting suspected Jews, the Inquisition began refocusing its efforts on Protestantism, especially during the Council of Trent (1545–1563). The discovery of Protestant networks in two Spanish cities in 1557–58 helped fuel an abrupt increase in, and re-targeting of, inquisitorial activity. Scholars should have reacted by limiting their contacts and by exiting certain fields and institutions. To provide evidence for our account, we first document Spain’s decline in STEM fields, relative to the rest of Europe. We then provide the first systematic evidence on scholarly interactions among early modern Spanish book authors, documenting an immediate reduction in interactions after 1559, followed by a downward trend. We also document a significant reversal in a previously upward trend in affiliation with secular educational institutions. Since interacting with others working on similar problems is essential to progress in the sciences, our work helps explain the puzzling disjuncture between the glory of Spanish literary and visual arts during the Golden Age, on the one hand, and the poverty of its contributions to science, on the other.</div></div>","PeriodicalId":47413,"journal":{"name":"Explorations in Economic History","volume":"98 ","pages":"Article 101699"},"PeriodicalIF":2.6,"publicationDate":"2025-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144597004","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}
{"title":"Power for progress: The impact of electricity on individual labor market outcomes","authors":"Jonathan Jayes, Jakob Molinder, Kerstin Enflo","doi":"10.1016/j.eeh.2025.101702","DOIUrl":"https://doi.org/10.1016/j.eeh.2025.101702","url":null,"abstract":"How does new technology impact labor market outcomes? We address this question by examining the adoption of electricity in Sweden during the early 20th century. Leveraging detailed individual-level data that covers the entire labor market and exogenous variation in electricity access driven by proximity to hydro-power plants, we estimate the impact of electrification on individual labor market outcomes. Our findings show significantly higher earnings in electricity-adopting parishes compared to control areas. The income gains were particularly pronounced among lower-income workers and those with primary education only, resulting in reduced income inequality. These effects held across labor markets with both strong and weak union presence, suggesting that electricity functioned as a labor-supporting technology. Our results highlight how specific technologies can shape individual outcomes and income distributions.","PeriodicalId":47413,"journal":{"name":"Explorations in Economic History","volume":"24 1","pages":"101702"},"PeriodicalIF":2.3,"publicationDate":"2025-07-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144898848","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}
{"title":"Wars, Depression, and Fascism: Income Inequality in Italy, 1901-1950","authors":"María Gómez-León, Giacomo Gabbuti","doi":"10.1016/j.eeh.2025.101715","DOIUrl":"https://doi.org/10.1016/j.eeh.2025.101715","url":null,"abstract":"This paper presents yearly estimates of income inequality in Italy from 1901 to 1950. By constructing dynamic social tables, we comprehensively assess inequality across all elements of Italian society and compare Italy with other countries over the same period. In a context of declining inequality across Europe, interwar Italy reveals a trajectory at odds with consolidated narratives: a sharp increase of inequality during World War I, a reversal during 1918–1922, a renewed rise after the Fascist takeover, and new peaks during World War II. Our results allow us to identify sizeable short-term distributive shocks and discuss the political economy of fascist Italy, reinforcing a reinterpretation of interwar inequality trends in Europe and the regressive nature of fascist regimes.","PeriodicalId":47413,"journal":{"name":"Explorations in Economic History","volume":"14 1","pages":"101715"},"PeriodicalIF":2.3,"publicationDate":"2025-07-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144898849","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}
{"title":"War bonds and household saving in WWII","authors":"Gillian Brunet , Eric Hilt , Matthew Jaremski","doi":"10.1016/j.eeh.2025.101692","DOIUrl":"10.1016/j.eeh.2025.101692","url":null,"abstract":"<div><div>Household saving increased dramatically during World War II, reaching more than 19 percent of GDP. We study the effects of the war bond program implemented by the U.S. government on the level of household saving during the war. The bonds were heavily promoted in a series of drives, which encouraged thrift and associated subscriptions with patriotism, and also through a payroll deduction program. Yet as Friedman and Schwartz have noted, the main effect of the program may have been to change the form in which savings were held, rather than to increase saving. We use county-level data and an instrument for participation in the bond program to estimate the effect of war bond sales on total saving. We find that for every $100 in war bond sales, bank deposit inflows fell by $70, suggesting that while there was substantial substitution between war bonds and bank accounts, the program did actually increase total saving. A back of the envelope calculation suggests that the bond program increased total personal saving by about 7 percent, in large part driven by the voluntary payroll deduction program.</div></div>","PeriodicalId":47413,"journal":{"name":"Explorations in Economic History","volume":"97 ","pages":"Article 101692"},"PeriodicalIF":2.6,"publicationDate":"2025-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144338438","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}
{"title":"Land Inequality and Demographic Outcomes: The Relationship between Access to Land and the Demographic System in 19th-century Rural Tuscany","authors":"M. Manfredini , A. Fornasin , M. Breschi","doi":"10.1016/j.eeh.2025.101668","DOIUrl":"10.1016/j.eeh.2025.101668","url":null,"abstract":"<div><div>In pre-industrial rural Italy, the disparities among smallholders, sharecroppers, and day laborers were starkly defined by their unequal access to land, which significantly influenced their living standards, family structures, and socioeconomic conditions. This paper uses nominative data from 1819 to 1859 to first explore how the different peasant categories adjusted their demographic behaviors according to their tie to the land, and then how they were possibly modified when short-term stressors, such as price increase and/or epidemics, altered the existing equilibrium.</div><div>The results reveal that the groups with access to land where less vulnerable and less susceptible to economic crises compared to day laborers, who relied entirely on the market for essential food supplies. During periods of high prices, day laborers experienced a rapid decline in their economic situation, leading to increased mortality, migration, and postponement of marriages. However, access to land was also associated with a demographic pattern aimed at both controlling household consumption and maximizing the male labor force. This included strict control over marriages, increased fertility, and selective mobility, all of which could intensify during crises and periods of rising prices.</div><div>These findings underscore the inadequacy of the simplistic classification of landed versus landless groups, emphasizing the necessity for a more sophisticated understanding of households based on their relationship and connections with the land.</div></div>","PeriodicalId":47413,"journal":{"name":"Explorations in Economic History","volume":"97 ","pages":"Article 101668"},"PeriodicalIF":2.6,"publicationDate":"2025-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143577630","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"历史学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Sergio E. Barrera , Andreas Ferrara , Price V. Fishback , Misty L. Heggeness
{"title":"The impact of World War II Army service on income and mobility in the 1960s by ethnoracial group","authors":"Sergio E. Barrera , Andreas Ferrara , Price V. Fishback , Misty L. Heggeness","doi":"10.1016/j.eeh.2025.101687","DOIUrl":"10.1016/j.eeh.2025.101687","url":null,"abstract":"<div><div>We link the 1940 full-count Census to World War II enlistment records and 1969 administrative tax returns to study how WWII service in the Army and Army Airforce impacted the income and mobility of non-Hispanic White, Black, Hispanic, Asian, and Native American male Army veterans relative to their non-Army counterparts in 1969. The size of our data set provides enough power to shed new light on previously understudied groups, such as Hispanics, Asians, and Native Americans. In comparisons of Army veterans with non-Army men, Ordinary Least Squares estimates suggest that WWII Army veterans had higher incomes than non-Army men within the same group, and Army veterans were less likely to change counties between 1940 and 1969 than non-Army men within the non-Hispanic White, Black, and Hispanic groups. Worries about selection bias led us to estimate the effects with a fuzzy regression discontinuity design that compares men who were just too young to serve during World War II to men who were just old enough to serve. Those results showed that Army veterans had lower adjusted gross incomes than non-Army men within the non-Hispanic White, Black, and Asian groups, and slightly higher incomes within the Hispanic and Native American groups. The differences varied by type of income. Migration across county boundaries was lower for Army veterans than non-Army men among non-Hispanic Whites, Asians, and Native Americans, and there were only small differences among Blacks and Hispanics.</div></div>","PeriodicalId":47413,"journal":{"name":"Explorations in Economic History","volume":"97 ","pages":"Article 101687"},"PeriodicalIF":2.6,"publicationDate":"2025-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143874034","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}
{"title":"Smithian growth in the little divergence: a general equilibrium analysis","authors":"David Chilosi , Carlo Ciccarelli","doi":"10.1016/j.eeh.2025.101682","DOIUrl":"10.1016/j.eeh.2025.101682","url":null,"abstract":"<div><div>To address growing concerns on the representativeness of real wages, we generate new estimates of GDP pc in pre-industrial England and Italy, as well as new exploratory estimates for Belgium, Finland, France, Germany, the Netherlands, Portugal, Poland, Spain and Sweden, with <span><span>Groth and Persson's (2016)</span></span> general equilibrium model. Our results question the robustness of the current theoretical consensus on the “little divergence” and suggest an alternative hypothesis: north-western Europe saw faster Smithian growth than the rest of Europe after 1500.</div></div>","PeriodicalId":47413,"journal":{"name":"Explorations in Economic History","volume":"97 ","pages":"Article 101682"},"PeriodicalIF":2.6,"publicationDate":"2025-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143814764","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}