In many slave societies, enslaved persons were barred from acquiring much education. What skills the enslaved persons nonetheless were able to acquire, and how this changed following emancipation from slavery, is not well known. We study quantitatively how a legacy of slavery impacted upon the development of basic numeracy skills. Our results show that numeracy skills started to improve in the population under study following the legal abolition of slavery. Investments in public schooling during this period thus seem to have been important for the increased learning of basic numeracy skills.
{"title":"Numeracy and the legacy of slavery: age-heaping in the Danish West Indies before and after emancipation from slavery, 1780s–1880s","authors":"Klas Rönnbäck, Stefania Galli, Dimitrios Theodoridis","doi":"10.1093/ereh/heae013","DOIUrl":"https://doi.org/10.1093/ereh/heae013","url":null,"abstract":"In many slave societies, enslaved persons were barred from acquiring much education. What skills the enslaved persons nonetheless were able to acquire, and how this changed following emancipation from slavery, is not well known. We study quantitatively how a legacy of slavery impacted upon the development of basic numeracy skills. Our results show that numeracy skills started to improve in the population under study following the legal abolition of slavery. Investments in public schooling during this period thus seem to have been important for the increased learning of basic numeracy skills.","PeriodicalId":51703,"journal":{"name":"European Review of Economic History","volume":"16 1","pages":""},"PeriodicalIF":1.4,"publicationDate":"2024-09-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142256441","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}
Christopher L Colvin, Stuart Henderson, Eoin Mclaughlin
The quality of age reporting in Ireland worsened in the years after the 1845–1852 Great Irish Famine, even as measures of educational attainment improved. We show how Ireland’s age structure partly accounts for this seemingly conflicting pattern. Specifically, we argue that a greater propensity to emigrate typified the youngest segment (23–32-year-olds) used in conventional indices of age heaping. Any quantification of age heaping patterns must therefore be interpreted considering an older underlying population which is inherently more likely to heap. We demonstrate how age heaping indices can adjust for such demographic change by introducing age standardization.
{"title":"Age structure and age heaping: solving Ireland’s post-famine digit preference puzzle","authors":"Christopher L Colvin, Stuart Henderson, Eoin Mclaughlin","doi":"10.1093/ereh/heae012","DOIUrl":"https://doi.org/10.1093/ereh/heae012","url":null,"abstract":"The quality of age reporting in Ireland worsened in the years after the 1845–1852 Great Irish Famine, even as measures of educational attainment improved. We show how Ireland’s age structure partly accounts for this seemingly conflicting pattern. Specifically, we argue that a greater propensity to emigrate typified the youngest segment (23–32-year-olds) used in conventional indices of age heaping. Any quantification of age heaping patterns must therefore be interpreted considering an older underlying population which is inherently more likely to heap. We demonstrate how age heaping indices can adjust for such demographic change by introducing age standardization.","PeriodicalId":51703,"journal":{"name":"European Review of Economic History","volume":"9 1","pages":""},"PeriodicalIF":1.4,"publicationDate":"2024-09-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142227517","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}
While studies indicate that economic inequality increased in the early modern period, it is debated whether this applied to all regions, and what the causes of change were. This paper studies long-term wealth inequality in the Ottoman Empire, and its possible determinants, using data from Anatolia. Inequality tended to track demographic and economic change, but evidence for a long-term correlation is inconclusive, whereas there is evidence for the long-term disequalizing impact of taxation and changing power relations. The divergence between cities and countryside suggests structural shifts caused by external factors, and comparison with the slow economies of Europe reveals diversity within this group.
{"title":"Wealth inequality in northwestern Anatolia under the Ottomans, 1460–1870","authors":"Hülya Canbakal, Alpay Filiztekin","doi":"10.1093/ereh/heae010","DOIUrl":"https://doi.org/10.1093/ereh/heae010","url":null,"abstract":"While studies indicate that economic inequality increased in the early modern period, it is debated whether this applied to all regions, and what the causes of change were. This paper studies long-term wealth inequality in the Ottoman Empire, and its possible determinants, using data from Anatolia. Inequality tended to track demographic and economic change, but evidence for a long-term correlation is inconclusive, whereas there is evidence for the long-term disequalizing impact of taxation and changing power relations. The divergence between cities and countryside suggests structural shifts caused by external factors, and comparison with the slow economies of Europe reveals diversity within this group.","PeriodicalId":51703,"journal":{"name":"European Review of Economic History","volume":"12 1","pages":""},"PeriodicalIF":1.4,"publicationDate":"2024-07-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141777358","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}
This paper explores how the Panama Company stock price incorporated fake positive news planted by company managers in French newspapers during the spring of 1888 to bait investors into an upcoming securities issue. The results show that news about the Panama Company only had firm-specific effects, making the firm’s main stock more volatile while keeping constant expected returns. This suggests that investors considered the new debt issue a risky operation. Finally, we find a non-contemporaneous positive effect of future news on present stock returns, suggesting an unlawful exploitation of asymmetric information by investors privy to the publication of fake news.
{"title":"Can managers successfully deceive investors? Media attention and market manipulation during the Panama scandal","authors":"Miguel Ángel Ortiz-Serrano, Germán Forero-Laverde","doi":"10.1093/ereh/heae009","DOIUrl":"https://doi.org/10.1093/ereh/heae009","url":null,"abstract":"This paper explores how the Panama Company stock price incorporated fake positive news planted by company managers in French newspapers during the spring of 1888 to bait investors into an upcoming securities issue. The results show that news about the Panama Company only had firm-specific effects, making the firm’s main stock more volatile while keeping constant expected returns. This suggests that investors considered the new debt issue a risky operation. Finally, we find a non-contemporaneous positive effect of future news on present stock returns, suggesting an unlawful exploitation of asymmetric information by investors privy to the publication of fake news.","PeriodicalId":51703,"journal":{"name":"European Review of Economic History","volume":"159 1","pages":""},"PeriodicalIF":1.4,"publicationDate":"2024-06-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141504363","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}
We provide a blueprint for constructing measures of state capacity in premodern states, offering several advantages over the current state of the art. We argue that assessing changing state capacity requires considering the composition of revenues, expenditure patterns, and local-level budgets. As an application, we examine the case of Portugal (1367–1844). Our findings demonstrate that throughout most of this extended period, Portugal maintained comparatively high fiscal and legal capacities. This challenges claims that Portugal’s economic decline from the second half of the eighteenth century was due to low state capacity.
{"title":"Anatomy of a premodern state","authors":"Leonor Freire Costa, António Henriques, Nuno Palma","doi":"10.1093/ereh/heae003","DOIUrl":"https://doi.org/10.1093/ereh/heae003","url":null,"abstract":"We provide a blueprint for constructing measures of state capacity in premodern states, offering several advantages over the current state of the art. We argue that assessing changing state capacity requires considering the composition of revenues, expenditure patterns, and local-level budgets. As an application, we examine the case of Portugal (1367–1844). Our findings demonstrate that throughout most of this extended period, Portugal maintained comparatively high fiscal and legal capacities. This challenges claims that Portugal’s economic decline from the second half of the eighteenth century was due to low state capacity.","PeriodicalId":51703,"journal":{"name":"European Review of Economic History","volume":"11 1","pages":""},"PeriodicalIF":1.4,"publicationDate":"2024-05-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140934148","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}
Using a highly detailed dataset at the municipality level, drawn from the Spanish Mining Cadastre of 1890, this paper shows how the mining sector affected education provision and human capital formation in early twentieth century Spain. The results indicate that there were two patterns in mining towns. Those mines that invested in technology, those highly productive, and those with post-extraction industries linkages were able to transform mineral capital into human capital. However, in areas where mines were characterized by unskilled labour and low living standard, the mining sector had a negative impact on education, especially in women’s human capital formation.
{"title":"Transforming mineral capital into human capital? Mining and education in early twentieth-century Spain","authors":"Adrian Palacios-Mateo","doi":"10.1093/ereh/heae004","DOIUrl":"https://doi.org/10.1093/ereh/heae004","url":null,"abstract":"Using a highly detailed dataset at the municipality level, drawn from the Spanish Mining Cadastre of 1890, this paper shows how the mining sector affected education provision and human capital formation in early twentieth century Spain. The results indicate that there were two patterns in mining towns. Those mines that invested in technology, those highly productive, and those with post-extraction industries linkages were able to transform mineral capital into human capital. However, in areas where mines were characterized by unskilled labour and low living standard, the mining sector had a negative impact on education, especially in women’s human capital formation.","PeriodicalId":51703,"journal":{"name":"European Review of Economic History","volume":"47 1","pages":""},"PeriodicalIF":1.4,"publicationDate":"2024-04-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140583595","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}
The “refugee gap”—the difference in the economic status of refugees relative to other migrants might be due to the experience of being a refugee or to government policy. In Denmark before the Second World War, refugees were not treated differently from other migrants, motivating our use of a database of the universe of Danish naturalizations between 1851 and 1960. We consider labor market performance and find that immigrants leaving conflicts fared no worse or even performed better than other migrants within this relatively homogeneous sample of those who attained citizenship. This suggests that refugees and other migrants might be given the same rights if policy aims to ensure economic success.
{"title":"Is there a refugee gap? Evidence from over a century of Danish naturalizations","authors":"Nina Boberg-Fazlić, Paul Sharp","doi":"10.1093/ereh/heae001","DOIUrl":"https://doi.org/10.1093/ereh/heae001","url":null,"abstract":"The “refugee gap”—the difference in the economic status of refugees relative to other migrants might be due to the experience of being a refugee or to government policy. In Denmark before the Second World War, refugees were not treated differently from other migrants, motivating our use of a database of the universe of Danish naturalizations between 1851 and 1960. We consider labor market performance and find that immigrants leaving conflicts fared no worse or even performed better than other migrants within this relatively homogeneous sample of those who attained citizenship. This suggests that refugees and other migrants might be given the same rights if policy aims to ensure economic success.","PeriodicalId":51703,"journal":{"name":"European Review of Economic History","volume":"32 1","pages":""},"PeriodicalIF":1.4,"publicationDate":"2024-02-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139919878","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}
I study the link between the 1923 German hyperinflation and health by linking monthly data on the cost-of-living index with monthly infant and cause-specific adult mortality rates in 280 cities. By exploring panel data with a range of fixed effects, I find that hyperinflation boosted mortality rates. The largest increases in mortality came from deaths plausibly linked to deteriorating social conditions over the short term, such as losses from influenza, meningitis, scarlet fever, tuberculosis, and whooping cough. I also rely on children’s heights and weights to show that worsening health was related to impaired nutrition. The results are robust to a range of specifications, placebo tests, and Conley standard errors.
{"title":"Scarring through the 1923 German hyperinflation","authors":"Gregori Galofré Vilà","doi":"10.1093/ereh/head024","DOIUrl":"https://doi.org/10.1093/ereh/head024","url":null,"abstract":"\u0000 I study the link between the 1923 German hyperinflation and health by linking monthly data on the cost-of-living index with monthly infant and cause-specific adult mortality rates in 280 cities. By exploring panel data with a range of fixed effects, I find that hyperinflation boosted mortality rates. The largest increases in mortality came from deaths plausibly linked to deteriorating social conditions over the short term, such as losses from influenza, meningitis, scarlet fever, tuberculosis, and whooping cough. I also rely on children’s heights and weights to show that worsening health was related to impaired nutrition. The results are robust to a range of specifications, placebo tests, and Conley standard errors.","PeriodicalId":51703,"journal":{"name":"European Review of Economic History","volume":"82 6","pages":""},"PeriodicalIF":1.4,"publicationDate":"2023-12-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138965250","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}
In my dissertation, I explore how colonial land institutions influenced both income inequality and the provision and funding of hospitals in colonial India. To do so, I present the first income inequality estimates assessing its evolution and levels across provinces and districts as well as a novel georeferenced hospital-level database. Findings suggest that the introduction of different colonial landownership rights—granting landownership and land revenue liability either to intermediaries or cultivators—explain differences in agricultural income inequality across districts and correlate with its evolution. These different landownership rights also affected the funding of hospitals through its interaction with local agency.
{"title":"Land revenue, inequality, and development in colonial India (1880–1910)","authors":"Jordi Caum-Julio","doi":"10.1093/ereh/head027","DOIUrl":"https://doi.org/10.1093/ereh/head027","url":null,"abstract":"In my dissertation, I explore how colonial land institutions influenced both income inequality and the provision and funding of hospitals in colonial India. To do so, I present the first income inequality estimates assessing its evolution and levels across provinces and districts as well as a novel georeferenced hospital-level database. Findings suggest that the introduction of different colonial landownership rights—granting landownership and land revenue liability either to intermediaries or cultivators—explain differences in agricultural income inequality across districts and correlate with its evolution. These different landownership rights also affected the funding of hospitals through its interaction with local agency.","PeriodicalId":51703,"journal":{"name":"European Review of Economic History","volume":"31 1","pages":""},"PeriodicalIF":1.4,"publicationDate":"2023-11-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138534219","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}
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