Religion and Economic Development: Past, Present, and Future

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 Pakistan and low rates in China. Despite declines in some Western countries, religion remains influential worldwide, with projected growth in Muslim populations due to higher fertility rates. Religion continues to […]

Age structure and age heaping: solving Ireland’s post-famine digit preference puzzle

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 […]

Taking a Punt: Monetary Experimentation and the Irish Macroeconomic Crisis of 1955-56

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, Ireland, which had previously followed British interest rates in lockstep as part of its fixed exchange with the latter, briefly experimented with independent monetary policy. Our contribution is twofold. First, […]

From Pensions To Pupils? Schooling, Resource Constraints And Old Age Pensions In Ireland 1901-11

Abstract: A large literature argues that resource constraints inhibit human capital accumulation. We test this hypothesis using the introduction of the Old Age Pension in Ireland in 1908, evaluating its spillover on school enrolments within multigenerational households. Exploiting the OAP’s age-based and means-test criteria, we identify the causal effect of the cash transfer on enrolments […]

Housing Prices, Costs, And Policy: The Housing Supply Equation In Ireland Since 1970

Abstract: This article examines the responsiveness of new housing supply to prices and costs, using the case of Ireland at quarterly frequency from the 1970s, as well as a county-level panel from the 1990s. Across four error-correction specifications, and supported by an instrumental variables approach, we find the estimated elasticity of new housing supply to […]

Mind Your Language: Explaining the Retreat of the Irish Language Frontier

Abstract: Why do we choose one language over another? Rival views see language frontiers as exogenous, driven by policy, or endogenous, determined by social, cultural and economic forces. We study language loss in nineteenth-century Ireland’s bilingual society using individual-level data from the 1901 census. Our analysis highlights the intergenerational influence of the education received by […]

A reappraisal of Cumann na nGaedheal economic policy

Abstract: This article surveys the economic policies pursued over the first decade of the Irish Free State. The Cumann na nGaedheal governments of W. T. Cosgrave are argued to have been more pragmatic than ideological in their approach and to have been more successful in their management of the economy than is generally realised.  Keywords: […]

Irish GDP Since Independence

Abstract: This paper constructs annual GDP estimates for Ireland (1924-47) to join the first complete official aggregates. The new series is deployed to revisit Ireland’s economic performance in the post-independence decades. Ireland’s economy grew at 1.5 per cent per annum and average living standards improved by 40 per cent. The bulk of this was due […]

What can we learn from historical pandemics? A systematic review of the literature

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 that occurred since the Industrial Revolution and prior to Covid-19. Our literature searches were conducted between June 2020 and September 2023, with the final review encompassing 169 research papers selected […]

Banks and the Economy: Evidence from the Irish Bank Strike of 1966

Abstract: This paper studies a natural experiment in macroeconomic history: the Irish bank strike of 1966, which led to the closure of the major commercial banks for three months. We use synthetic control to estimate how the economy would have evolved had the strike not happened. We find that economic activity slowed, deviating by 6% […]

Social housing and the spread of population: Evidence from twentieth century Ireland

Abstract: How does housing policy influence the long-run distribution of population? We examine the impact on long-term population dynamics of the world’s first large-scale rural public housing scheme, specifically the case of Ireland’s Labourers Acts. We link detailed data on the location of over 45,000 heavily subsidized cottages for agricultural laborers built 1883–1915 in over 200 […]

Should History Change The Way We Think About Populism?

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 which populism  is ‘an exclusionary form of identity politics, which is why it poses a threat to democracy’. We make three historical arguments. First, late 19th century US Populists were […]

Tracing Sustainability In The Long Run: Genuine Savings Estimates 1850 – 2018

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 contemporary economic research. GS derives from the theoretical work on wealth accounting, and addresses shortcomings in conventional metrics of economic development by incorporating broader measures of saving and investment, including […]

The Nationalist Dilemma: A Global History of Economic Nationalism, 1776–Present

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, but others prioritise economic development. The potential conflict between these two goals shapes nationalist policy making. Drawing on historical case studies from thirty countries – from the American Revolution to […]

Agglomeration and emigration: The economic impact of railways in post-Famine Ireland

Abstract: Ireland developed one of the world’s most intensive railroad networks in the second half of the 19th century. However, the emergence of railroads occurred in tandem with a failure to industrialize and mass depopulation suggesting limited, if any, impact on the island’s economy. This paper examines this claim from a trade-based market-access perspective. Matching […]

Demography and age heaping: solving Ireland’s post-famine digit preference puzzle

Abstract: The quality of age reporting in Ireland worsened in the years after the Great Irish Famine (1845–1852), even as other measures of educational attainment improved. We show how demography 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 […]

Business Creation and Political Turmoil: Ireland versus Scotland before 1900

Abstract: What effect does political instability in the form of a potential secession from a political union have on business formation? Using newly collected data on business creation, we show that entrepreneurial activity in Ireland in the late nineteenth century was much lower than Scotland, and this divergence fluctuated over time. Several factors may have […]

An annual index of Irish industrial production, 1800-1913

Abstract: We assemble the Irish industrial data currently available for the years 1800–1921, the period during which the entire island was in a political union with Great Britain, and construct an annual index of Irish industrial output for 1800–1913. We also construct a new industrial price index. Irish industrial output grew by an average of […]

The deep roots of rebellion

Abstract: This paper analyzes the triggers of rebellion and documents the historical roots of conflict using a unique dataset at the individual level. Drawing on evidence from the Famine (1845–1850) and its effect on the Irish Revolution (1916–1921), we show how negative shocks can explain social unrest in the long run. These findings are confirmed […]

How Has the Gender Earnings Gap in Ireland Changed in Thirty Years?

Abstract: Since 1987, the wages of women in Ireland have been growing faster than those of men. This, coupled with a decrease in the average hours worked by men, has resulted in a reduction in the gender earnings gap in Ireland, most notably at the bottom of the earnings distribution. This paper provides a descriptive […]

High-speed broadband availability, Internet activity among older people, quality of life and loneliness

Abstract: Using data from The Irish Longitudinal Study on Ageing (TILDA), linked to administrative data on high-speed broadband availability from infrastructure maps, this study examines patterns of Internet uses and psychosocial outcomes for over 3500 people aged 50 plus across Ireland. High-speed broadband availability is associated with higher reported levels of home Internet access, greater […]

Ethnic Fundraising in America and the Irish and Lithuanian Wars of Independence, 1918–1923

Abstract: The close of the First World War signalled a proliferation of newly established nation-states across Europe. However, the unilateral proclamations of these states’ independence did not guarantee their international recognition, nor did it guarantee their financial viability. This article examines the funding of two such states: the unrecognized Lithuanian (1919–23) and Irish (1919–21) republics. […]

Globalization

Abstract: This chapter written for the Oxford Handbook of Historical Political Economy argues that you cannot understand the history of globalization without taking political factors into account; and that you cannot understand the history of comparative economic development without taking globalization into account. Globalization compels us to take geography seriously and to think more like […]

Scarring and Selection in the Great Irish Famine

Abstract: What is the health impact of famines on survivors? We use a population exposed to severe famine conditions during infancy to document two opposing effects. The first: exposure leads to poor health into adulthood, a scarring effect. The second: survivors do not themselves suffer health consequences, a selection effect. Anthropometric evidence on over 21,000 subjects […]

Fringe banking and financialization: Pawnbroking in pre-famine and famine Ireland

Abstract: Pawnbroking, one of the oldest and most accessible forms of credit, was a common feature of life in pre-famine and famine Ireland. This article studies the role of pawnbroking in the Irish financial system during this important period, applying insights from modern studies on fringe banking. In the period under study, a formal tiered […]

The Irish economy during the century after partition

Abstract: This article provides a centennial overview of the Irish economy in the one hundred years following partition and independence. A comparative perspective allows us to distinguish between those aspects of Irish policies and performance that were unique to the country, and those which mirrored developments elsewhere. While Irish performance was typical in the long […]