Macrohistory Seminar – Mintra Dwarkasing (Erasmus University Rotterdam) Household Inequality, Entrepreneurial Dynamism and Corporate Financing

Household Inequality, Entrepreneurial Dynamism and Corporate Financing Economic theories provide conflicting hypotheses on how wealth inequality affects entrepreneurial dynamism and corporate financing. To empirically investigate its impact, we construct local measures of household wealth inequality based on financial rents, home equity, and 1880 farm land. We identify its effects on...

Continue reading

Macrohistory Seminar – Martin Dohmen (Bonn University) “Entrepreneurial Freedom as a driving Institution during the German Industrial Take-off”

Entrepreneurial Freedom as a driving Institution during the German Industrial Take-off In this paper, I analyze the effect of the abolition of guilds and the introduction of the “Gewerbefreiheit” – entrepreneurial freedom – on economic development during the German industrial take-off. Using the division of the Kingdom of Westphalia and...

Continue reading

Macrohistory Seminar – Christoph Koenig (University of Bristol) Stabs in the Back – Veterans, Propaganda and the Fate of Weimar Democracy

Stabs in the Back – Veterans, Propaganda and the Fate of Weimar Democracy by Christoph Koenig. I study the effect of war participation on the rise of right-wing parties in Interwar Germany. After the democratisation and surrender of the German Empire in 1918, 8m German WW1 soldiers were demobilised. Anecdotally,...

Continue reading

Macrohistory Seminar – Matthijs Korevaar (Maastricht University) Booms and Busts in Housing Markets: Prices and Turnover in Amsterdam, 1582-1810

Booms and Busts in Housing Markets: Prices and Turnover in Amsterdam, 1582-1810 Booms and busts in housing markets are typically characterized by four puzzling features: short-term momentum in prices, a positive price-turnover relationship, excess volatility of prices relative to fundamentals, but reversion over the longer run. This paper uses a...

Continue reading

Macrohistory Seminar – Giorgio Chiovelli (London Business School) Bite and Divide: Malaria and Ethnolinguistic Diversity

Bite and Divide: Malaria and Ethnolinguistic Diversity by Giorgio Chiovelli. We investigate, both theoretically and empirically, the epidemiological origins of ethnic diversity and its persistence. Long-term exposure to malaria shaped genetic and cultural selection by increasing the benefits of interacting in small, geographically separated and highly endogamic groups. Using disaggregate level...

Continue reading