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We construct a model of simultaneous change and persistence in institutions. The model consists of landowning elites and workers, and the key economic decision concerns the form of economic institutions regulating the transaction of labor (e.g., competitive markets versus labor repression). The main idea is that equilibrium economic institutions are a(More)
  • Ryan Lampe, Tim Bresnahan, Christian Helmers, Eric Hilt, Rick Hornbeck, Pete Klenow +12 others
  • 2012
Patent pools, which allow firms to combine separately owned patents, are expected to strengthen incentives for R&D by reducing litigation risks and license fees. But pools may also weaken incentives by creating high levels of effective concentration in an industry. This paper takes advantage of a window of regulatory tolerance under the New Deal to examine(More)
In the American South, post-bellum economic development may have been restricted in part by white landowners' access to low-wage black labor. This paper examines the impact of the Great Mississippi Flood of 1927 on black out-migration and subsequent agricultural development. Flooded counties experienced an immediate and persistent out-migration of black(More)
Economic Structure, and t he Choice o f Stabilization Policy A STRIKING change in empirical macroeconomics in the 1980s has been the development of an alternative way to think about aggregate trends and cycles. Traditionally, aggregate series such as gross national product have been modeled as stationary processes about a deterministic trend. All aggregate(More)
  • Michelle R Clayman, Londa Schiebinger, Andrea Davies, Henderson, Shannon K Gilmartin, Linda A Cicero +70 others
  • 2008
one of the nation's oldest research organizations devoted to the study of women and gender. Founded in 1974, the institute promotes gender equality through innovative research and dissemination of key findings to decision makers in universities, business, government, and the broader community. Acknowledgments Our thanks to the many people who assisted in(More)
The Voting Rights Act of 1965 (VRA) has been called one of the most effective pieces of civil rights legislation in U.S. history, having generated dramatic increases in black voter registration across the South. We show that the expansion of black voting rights in some southern states brought about by one requirement of the VRA – the elimination of literacy(More)
Recent studies assert that natural resource abundance (particularly minerals) has adverse consequences for economic growth. This paper subjects this " resource curse " hypothesis to critical scrutiny. Our central point is that it is inappropriate to equate development of mineral resources with terms such as " windfalls " and " booms. " Contrary to the view(More)
and participants at the All-UC Conference, the economic history workshop at Harvard University, and the 2013 AEA meeting. Liability for errors is limited to the author. 2 " Of Time and Space: Technological Spillovers among Patents and Unpatented Innovations in the Nineteenth Century " ABSTRACT The paper assesses the role of institutional mechanisms in(More)
In its 2002 incarnation, it profited from comments by Francine Blau and Larry Katz and was an integral part of my Marshall Lectures, University of Cambridge, April 30 and May 1, 2002. The current version has been greatly improved through the able research assistance of Chenzi Xu, a careful reading by Stephanie Hurder, and comments of my discussant Cecilia(More)
This paper argues that the discovery of gold in California and a federal policy that gave all of the rents in minerals on federal land to private parties led to two important, and closely related, outcomes. The first outcome was the development of a private-order property rights regime in the gold mining region, key elements of which would later be adopted(More)