Speculation in the UK, 1785-2019
01/12/2025
Abstract: Speculation has long been thought to have significant economic effects, but it is difficult to measure, making it challenging to examine these effects empirically.
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Abstract: Speculation has long been thought to have significant economic effects, but it is difficult to measure, making it challenging to examine these effects empirically.
Abstract: Gerschenkron (1962) argued that public institutions such as the State Bank of the Russian Empire spurred the country’s industrialization. We test this assertion by
Abstract: In 1794, the British State intervened in the patent system by introducing the Navy proviso, a legal proviso targeted at select patents compelling the
Abstract: We examine how the design of the patent system shapes firms’ access to finance. We exploit a UK reform that introduced substantive examination into
Abstract: We identify all 196 Dutch exchange-listed corporations that halted their operations and ceased to exist between 1903 and 1996. We then explain these terminations
The CEOs of Britain’s largest companies wield immense power, but we know very little about them. How did they get to the top? Why do
Abstract: Based on new aggregated data on initial and seasoned equity offerings (IPOs and SEOs) on the Berlin Stock Exchange before the First World War
Abstract: We examine the accessibility and functioning of the patent system in the United Kingdom of the Netherlands, a state that existed between 1815 and
Abstract: In the German Empire, corporations almost always paid a dividend to their shareholders. Dividends have been cut or increased in line with the development
Abstract: The 1955-56 macroeconomic crisis is a central event in modern Irish history. Yet, despite this centrality, its causes are not clearly understood. In 1955-6,
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