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- Publications
- Influence
Persecution Perpetuated: The Medieval Origins of Anti-Semitic Violence in Nazi Germany
- Nico Voigtländer, H. Voth
- Economics, History
- 1 April 2011
How persistent are cultural traits? This paper uses data on anti-Semitism in Germany and finds continuity at the local level over more than half a millennium. When the Black Death hit Europe in… Expand
Betting on Hitler - the Value of Political Connections in Nazi Germany
- H. Voth, T. Ferguson
- Economics
- 1 April 2005
This paper examines the value of connections between German industry and the Nazi movement in early 1933. Drawing on previously unused contemporary sources about management and supervisory board… Expand
State Capacity and Military Conflict
- Nicola Gennaioli, H. Voth
- Economics
- 1 December 2011
In 1500, Europe was composed of hundreds of statelets and principalities, with weak central authority, no monopoly over the legitimate use of violence, and multiple, overlapping levels of… Expand
Time and Work in Eighteenth-Century London
- H. Voth
- History
- 1 March 1998
Witnesses accounts are used to analyse changes in working hours between 1750 and 1800. Two findings stand out. The paper demonstrates that the information contained in witnesses accounts allows us to… Expand
Path dependence and the quest for historical economics : one more chorus of the ballad of QWERTY
- H. Voth, Tim Leunig
- 1997
The term path dependence (PD) here refers to a dynamic property of allocative processes, pertaining to non-ergodic stochastic systems -those whose asymptotic distributions evolve as a function of the… Expand
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Riding the South Sea Bubble
This paper presents a case study of a well-informed investor in the South Sea bubble. We argue that Hoare's Bank, a fledgling West End London banker, knew that a bubble was in progress and… Expand
Gifts of Mars: Warfare and Europe's Early Rise to Riches
- Nico Voigtlaender, H. Voth
- Economics
- 1 September 2013
Western Europe surged ahead of the rest of the world long before technological growth became rapid. Europe in 1500 already had incomes twice as high on a per capita basis as Africa, and one-third… Expand
Austerity and Anarchy: Budget Cuts and Social Unrest in Europe, 1919-2009
- Jacopo Ponticelli, H. Voth
- Political Science
- 1 August 2011
Does fiscal consolidation lead to social unrest? Using cross-country evidence for the period 1919 to 2008, we examine the extent to which societies become unstable after budget cuts. The results show… Expand
Human capital, equipment investment, and industrialization
- Jonathan R. W. Temple, H. Voth
- Economics
- 1 July 1998
This paper constructs simple models in which industrialization is driven by human capital accumulation. Industrialization can explain the robust correlation between equipment investment and growth in… Expand
With a Bang, Not a Whimper: Pricking Germany's 'Stock Market Bubble' in 1927 and the Slide into Depression
- H. Voth
- Economics
- 18 January 2001
Asset price inflation presents central banks with a puzzle. I examine the case of Germany, 1925-7, when the Reichsbank intervened to bring down stock prices, rectify imbalances and curb speculation.… Expand