Artículo: New perspectives on the Great Depression: a review essay

George S. Tavlas (Bank of Greece) publicó New perspectives on the Great Depression: a review essay, y en su resumen se describe "The Great Depression was the most devastating and destructive economic event to afflict the global economy since the beginning of the twentieth century. What, then, were the origins of the Great Depression and what have we learned about the appropriate policy responses to economic depressions from that episode? This essay reviews two recently published books on the Great Depression. Eric Rauchway’s The Money Makers: How Roosevelt and Keynes Ended the Depression, Defeated Fascism, and Secured a Prosperous Peace (Basic Books, 2015) tells the story of the ways Franklin D. Roosevelt drew on the ideas of John Maynard Keynes to place monetary policy front-and-center to underpin the recovery from the Great Depression and to underwrite the blueprint of the Bretton-Woods System. Barry Eichengreen’s Hall of Mirrors: The Great Depression, the Great Recession, and the Uses — and Misuses — of History (Oxford University Press, 2015) shows the way the lessons learned from analysis of the Great Depression helped shape policy makers’ response to the 2007-08 financial crisis, thus helping to avoid many of the mistakes made by policy makers in the 1930s"

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Artículo: Spain’s Historical National Accounts: Expenditure and Output, 1850-2015

Leandro Prados de la Escosura publicó Spain’s HistoricalNational Accounts: Expenditure and Output, 1850-2015una actualización de sus estadísticas históricas de cuentas nacionales españolas. Leemos en el abstract "This essay offers a new set of historical GDP estimates from the demand and supply sides that revises and expands those in Prados de la Escosura (2003) and provides the basis to investigate Spain’s long run economic growth. It presents a reconstruction of production and expenditure series for the century prior to the introduction of modern national accounts. Then, it splices available national accounts sets over the period 1958-2015 through interpolation, as an alternative to conventional retropolation. The resulting national accounts series are linked to the ‘pre-statistical era’ estimates providing yearly series for GDP and its components since 1850. On the basis of new population estimates, GDP per head is derived. Trends in GDP per head are, then, drawn and, using new employment estimates, decomposed into labour productivity and the amount of work per person, and placed into international perspective"

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Ver también datos en Measuring Worth

EH.Net: Reseñas de libros y contribuciones a la Enciclopedia

Roberto Whaples, del Departamento de Economía de la Universidad de Wake Forest y editor de reseñas de libros de EH.Net, solicita voluntarios para Reseñas de libros y contribuciones a la Enciclopedia

EH.Net publicó su primera reseña de libros en septiembre de 1996, y han sido más de 1.800 reseñas. Los interesados en revisar para EH.Net pueden enviar una breve nota de interés y su c.v. a whaples@wfu.edu. Asimismo, la Enciclopedia EH.Net de Historia Económica y de Negocios ha sido una parte vital de su sitio web desde 2001. Los artículos cubren una amplia gama de temas, períodos de tiempo y países. Si están interesados en escribir un artículo para la enciclopedia - especialmente uno que se relacione con su artículo o libro recientemente publicado – pueden enviar una propuesta a whaples@wfu.edu.

Artículo: Shipping in dire straits: New evidence on trends and cycles in coal freights from Britain, 1919-1939

Shipping in dire straits: New evidence on trends and cycles in coal freights from Britain, 1919-1939 es el título del artículo publicado por Jan Tore Klovland (Norwegian School of Economics and Business Administration). Su resumen nos anuncia: "New monthly freight rate indices for 13 coal trade routes from Britain 1919-1939 are presented. The new indices form the basis of a review of the interwar freight markets and their relationship to the timing and severity of general business cycles. New time series of laid-up tonnage provide the background for this discussion. The Great Depression starting in the autumn of 1929 created a shipping cycle of unusual length and severity. Real freight rate indices used as a cross-check on productivity gains in shipping raise some doubt on previous estimates of productivity growth in British shipping in the interwar years."

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Artículo: The Agricultural Origins of Time Preference

Oded Galor y Özak, Ömer publicaron The Agricultural Origins of Time Preference. Su resumen consigna: "This research explores the origins of the distribution of time preference across regions. It advances the hypothesis, and establishes empirically that geographical variations in the natural return to agricultural investment have had a persistent effect on the distribution of time preference across societies. In particular, exploiting a natural experiment associated with the expansion of suitable crops for cultivation in the course of the Columbian Exchange, the research establishes that pre-industrial agro-climatic characteristics that were conducive to higher return to agricultural investment, triggered selection and learning processes that had a persistent positive effect on the prevalence of long-term orientation in the contemporary era."

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Becas EHA

La Asociación de Historia Económica (EHA) apoya la investigación de la historia económica a través de múltiples programas para los que todavía no han recibido su doctorado. Los programas se describen acá

1. Becas de Disertación
Los estudiantes con temas aprobados y cercanos a la finalización de tesis son elegibles para becas. (Los estudiantes en las primeras etapas de desarrollo de tesis no son elegibles para el apoyo de becas). Los fondos adjudicados durante este ciclo de aplicación están destinados a proporcionar apoyo durante el año académico 2017-18. Los solicitantes deben ser miembros de la Asociación, y las becas de tesis no son renovables.
Hay tres tipos de becas de tesis. Hay varios nombres de adjudicación y el solicitante puede recibir como máximo una:
(A) EHA Becas de Postgrado ($ 10.000)
(B) Cambridge University Press Beca de Disertación ($ 10.000)
(C) Sokoloff Fellowship ($ 15.000)
Por consultas acerca de estas becas al profesor Dan Fetter, Presidente del Comité de Investigación en Historia Económica, en dfetter@wellesley.edu
Plazo de solicitud: January 15, 2017. Premios anunciados el 28 de febrero de 2017.

2. Financiamiento para viajes y datos
Subvenciones para estudiantes de doctorado en la etapa temprana de escritura de una disertación en historia económica, para fines de investigación específicos (por ejemplo, visitar los archivos de transcripción de datos, o la compra de microfilm o CD-ROM) y en la mayoría de los casos no excederá de $ 2,500. Ellos no son renovables, pero los destinatarios son elegibles para solicitar posteriormente una beca tesis de Posgrado (véase más arriba).
Por consultas acerca de estas becas al profesor Dan Fetter, Presidente del Comité de Investigación en Historia Económica, en dfetter@wellesley.edu. Los solicitantes deben ser miembros activos de la Asociación. Tenga en cuenta que cuando la solicitud pide una descripción del proyecto 3 páginas, esto debe ser a doble espacio, con márgenes de al menos una pulgada en todos los lados y tamaño de letra no inferior a 11 puntos. Esto incluye las referencias.

Plazo de solicitud: January 15, 2017. Premios anunciados el 28 de febrero de 2017.

Artículo: The Global Spatial Distribution of Economic Activity: Nature, History, and the Role of Trade

Las instituciones son relevantes para el desarrollo, pero no lo son todo. Recientemente, Vernon Henderson, Tim Squires, Adam Storeygard y David Weil publicaron TheGlobal Spatial Distribution of Economic Activity: Nature, History, and the Role of Trade. En el abstract leemos: "We study the distribution of economic activity, as proxied by lights at night, across 250,000 grid cells of average are 560 kilometers. We first document that nearly half of the variation can be explained by a parsimonious set of physical geography attributes. A full set of country indicators only explains a further 10%. When we divide geographic characteristics into two groups, those primarily important for agriculture and those primarily important for trade, we find that the agriculture variable have relatively more explanatory power in countries that developed early and the trade variable have relatively more in countries that developed late, despite the fact that the latter group of countries are far more dependent on agriculture today. We explain this apparent puzzle in a model in which two technological shocks occur, one increasing agricultural productivity and the other decreasing transportation costs, and in which agglomeration economies lead to persistence in urban locations. In countries that developed early, structural transformation due to rising agricultural productivity began at a time when transport costs were still relatively high, so urban agglomerations were localized in agricultural regions. When transport costs fell well before structural transformation. To exploit urban scale economies, manufacturing agglomerated in relatively few, often coastal, locations. With structural transformation, these initial coastal locations grew, without formation of more cities in the agricultural interior."

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Artículo: Distance and Time Effects in Swedish Commodity Prices, 1732–1914

Mario J. Crucini y Gregor W. Smith publicaron Distance and Time Effects in Swedish Commodity Prices, 1732–1914. Su resumen nos ilustra. "We study the role of distance and time in statistically explaining price dispersion across 32 Swedish towns for 19 commodities from 1732 to 1914. The resulting large number of relative prices (502,689) allows precise estimation of distance and time effects, and their interaction. We find an effect of distance that declines significantly over time, beginning in the 18th century, well before the arrival of canals, the telegraph, or the railway."

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Artículo: The Rise and Fall of Exceptional Australian Incomes since 1800

David Greasley (University of Edinburgh) y Jakob B. Madsen (Monash University) publicaron TheRise and Fall of Exceptional Australian Incomes since 1800. En el resumen señalan: "We gauge how productivity and factor endowments shaped the rise and fall of Australia’s exceptional incomes. New measures of TFP, which include natural resource inputs, are utilized in an accounting of income growth. Further, the drivers of TFP growth are explored. Pastoralism and mining had negative TFP externalities, and we incorporate these finding into a unified accounting of incomes which distinguishes the roles of endowments and productivity. Nevertheless, TFP growth played an important role in promoting exceptional incomes between 1842-1890. Our findings favour a more balanced interpretation of Australian growth that has roles for natural resources, labour participation and productivity."

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