Devaluation, Exports, and Recovery from the Great Depression
Abstract: This paper evaluates how a major policy shift—the suspension of the gold standard in September 1931—affected employment outcomes in interwar Britain. We use a
Welcome to our archive of working papers, articles and monographs written by CEPH members.
This collection encompasses an array of themes and represents the cutting edge of the economic history discipline.
Submit content for consideration to ceph@tcd.ie.
Abstract: This paper evaluates how a major policy shift—the suspension of the gold standard in September 1931—affected employment outcomes in interwar Britain. We use a
Abstract: This paper investigates the causal effects of sovereign debt crises in a sample of 50 defaulting economies between 1870 and 2010. As default is
Abstract: This paper examines how applied history can contribute to policymaking when understood as a way of structuring judgement under uncertainty rather than as a
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: 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
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
Summary: Artificial intelligence (AI) heralds societal changes that could rival those associated with past transformational general-purpose technologies, such as metallurgy, the steam engine, electricity, and
Abstract: This chapter examines the role of religion in economic development, both historically and today. Religion’s influence varies globally, with high religiosity in countries like
Abstract: This paper examines the international role of sterling during the Bretton Woods era and argues that it was not a competitor to the U.S.
Abstract: City size and growth are the subject of a substantial literature in economic geography and urban economics, but consensus remains elusive on the extent
Abstract: This paper argues that in all societies there is considerable agreement about what goods and services are needed to provide a decent living, and
Abstract: Economists ignore caring labor since most is provided unpaid. Disregard is unjust, theoretically indefensible, and probably misleading. Valuation requires estimates of time spent and
Summary:In Victorian Britain, hundreds of companies and countless private investors supported railway construction; today, such infrastructure is only financed by the government. Comparing delivery of
Summary: The price of gold has risen in recent years, highlighting the role of this precious metal as a stable investment. While the value of
Abstract: As articulated by Adam Smith, one of the central issues facing companies is that managers will not run the business in the interests of
Abstract: How did countries recover from the Great Depression? In this paper, we explore the argument that leaving the gold standard helped by boosting inflationary
Abstract: The history of industrial revolutions provides valuable insights into how patents and patenting systems influence innovation. It also reveals the extent to which inventors
Abstract: What are the insights from historical pandemics for policymaking today? We carry out a systematic review of the literature on the impact of pandemics
Abstract: How do policy makers manage the decline of an international currency? This paper examines British policy towards the pound sterling’s international role in the
Abstract: This article uses a prosopographical methodology and a new dataset of 1,558 CEOs from Britain’s largest public companies between 1900 and 2009 to analyse
Abstract: The London Assurance Company (LA), which incorporated during the bubble of 1720, experienced more dramatic price movements in its shares than the South Sea
Abstract: This paper asks whether history should change the way in which economists and economic historians think about populism. We use Müller’s definition, according to
Abstract: We introduce a new database of historical Genuine Savings (GS), an indicator of sustainable development promoted by the World Bank and widely used in
Summary: Nationalists think about the economy, Marvin Suesse argues, and this thinking matters once nationalists hold political power. Many nationalists seek to limit global exchange,
Abstract: Alfred Marshall argued that the malaise of public companies in Edwardian Britain was due to the separation of ownership from control and a lack
Abstract: Did the outbreak of the French Revolutionary and Napoleonic Wars influence technical change during the Industrial Revolution? We address this question by investigating an