Table Of Content

REVIEWS OF BOOKS ANCIENT TO MODERN EUROPE HUBERMAN. Odd ¢ ouple International Trade and Labor Standards in Histor) J. L. Rosenbloom 109] NEAI l Am Not Mastero f Events The Spe culations of ' , v and Lord Londonderry in the Mississippi Jonn La\ and South Sea Bubbles \. E. Murphy 1092 STANZIANI. Rules of Exchange: French Capitalism in ( ‘ompai alive Pe rspec live, Sighte enth to Earl Twentieth Centuries G. Alfani 1094 AUFARB. The Politics of Fiscal Privilege in Provence 1530s—1830s W. Beik 1096 DINCECCO. Political Transformations and Publi Europe, 1650-1913 N. D. Johnson 1098 { History of Trust in {ncient Greece N. Kaye 1100 ARSON, AND TAYLOR. Shareholder ’ Corporate Governance in Britain ‘e 1850 R. Harris -einterpretation of Italian Economic 7 ification to the Great War B. A’Hearn NITED STATES AND CANADA sociery ind the Price C. Frydman 1106 or il / ~conom c Way of War: War and the from the Spanish-American War to the T. Jaworski 1108 Disaster: Lessons from the 1930s O A ccominotti 1109 2 Catfish Bait Out of Government Boys A . L. Olmstead NBLITH, EDS., Capitalism Takes Command | of £\ Nineteenth-Century R. R. John HO Parasite x Pe fnogens, and ases and Economic Development A. Barreca VUyth, and Power in the K. Eriksson Rise of the Cotton A. Roland ironme ntal Histon R. Hornbeck AST mn Investment in the Ottoman Empire rade and Relations, 1854-1914 \. Yaycioglu and Empire in Ottoman Egypt I Chaney GENERAL AND MISCELLANEOUS E. Guardians of Finance REVIEWS OF BOOKS ANCIENT TO MODERN EUROPE HUBERMAN. Odd ¢ ouple International Trade and Labor Standards in Histor) J. L. Rosenbloom 109] NEAI l Am Not Mastero f Events The Spe culations of ' , v and Lord Londonderry in the Mississippi Jonn La\ and South Sea Bubbles \. E. Murphy 1092 STANZIANI. Rules of Exchange: French Capitalism in ( ‘ompai alive Pe rspec live, Sighte enth to Earl Twentieth Centuries G. Alfani 1094 AUFARB. The Politics of Fiscal Privilege in Provence 1530s—1830s W. Beik 1096 DINCECCO. Political Transformations and Publi Europe, 1650-1913 N. D. Johnson 1098 { History of Trust in {ncient Greece N. Kaye 1100 ARSON, AND TAYLOR. Shareholder ’ Corporate Governance in Britain ‘e 1850 R. Harris -einterpretation of Italian Economic 7 ification to the Great War B. A’Hearn NITED STATES AND CANADA sociery ind the Price C. Frydman 1106 or il / ~conom c Way of War: War and the from the Spanish-American War to the T. Jaworski 1108 Disaster: Lessons from the 1930s O A ccominotti 1109 2 Catfish Bait Out of Government Boys A . L. Olmstead NBLITH, EDS., Capitalism Takes Command | of £\ Nineteenth-Century R. R. John HO Parasite x Pe fnogens, and ases and Economic Development A. Barreca VUyth, and Power in the K. Eriksson Rise of the Cotton A. Roland ironme ntal Histon R. Hornbeck AST mn Investment in the Ottoman Empire rade and Relations, 1854-1914 \. Yaycioglu and Empire in Ottoman Egypt I Chaney GENERAL AND MISCELLANEOUS E. Guardians of Finance CONTENTS OF VOLUME 72, 2012 Number 1, March ARTICLES OLIVIER ACCOMINOTT! London Merchant Banks, the Central European Panic, and the Sterling Crisis of 1931......... JAMES BESSEN More Machines, Better Machines...or Better Workers? .. CAROLYN M. MOEHLING AND. The Political Economy of Saving Mothers and Babies MELISSA A. THOMASSON he Politics of State Participation in the Sheppard- Towner Program................. MARIANNE WARD AND The Road Not Taken: Pre-Revolutionary Cuban Living JOHN DEVEREUX Standards in Comparative Perspective... SHEILAGH OGILVIE, Household Debt in Early Modern Germany: Evidence MARKUS KUPKER, AND from Personal Inventories JANINE MAEGRAITH MARIANNE H. Industrialization and Fertility in the Nineteenth Century WANAMAKER Evidence from South Carolina... INGRID HENRIKSEN, Law and Peace: Contracts and the Success of the Danish MORTEN HVIID, AND Dairy Cooperatives PAUL SHARP CAROLA FRYDMAN AND Pay Cuts for the Boss: Executive Compensation in the RAVEN MOLLOY 1940s... EDITORS’ NOTES «2... REVIEWS OF BOOKS Number 2, June ARTICLES BARRY EICHENGREEN Economic History and Economic Policy (Presidential Address) METIN M. COSGEL AND Inequality of Wealth in the Ottoman Empire: War, BOGAG A. EKGENI Weather, and Long-Term Trends in Eighteenth- Century Kastamonu ERIC HILT AND Democratic Dividends: Stockholding, Wealth, and JACQUELINE VALENTINI Politics in New York, 1791-1826... GREGORY CLARK, Malthus, Wages, and Preindustrial Growth.. JOSEPH CUMMINS, AND BROCK SMITH JOANA NARITOMI, Institutional Development and Colonial Heritage within RODRIGOR . SOARES, Brazil AND JULIANOJ . ASSUNCAO FEDERICO ETRO AND The Market for Paintings in Italy During the Seventeenth LAURA PAGANI Century Mary ESCHELBACH HANSEN Crisis and Bankruptcy: The Mediating Role of State Law, AND BRADLEY A. HANSEN 1920-1932 SUMMARIES Of DOCTORAI DISSERTATIONS O Foreign Exchan ge Reserves, Financial | Contagion: Three Essays on the Great D Trading and Financial Market Efficiency Century Holl , Governme! Jepression O} OF BOOKS Number 4, December ARTICLES ROBERT C. ALLEN, The Colonial Origins of the Divergence in the Americas: TOMMY E. MURPHY, A Labor Market Approach AND ERIC B. SCHNEIDER EWOUT FRANKEMA AND Structural Impediments to African Growth? New MARLOUS VAN WAIJENBUR( Evidence from Real Wages in British Africa, 1880-1965 LEXANDER ELU-TERAN Has Social Security Policy Converged? Cross-Country Evolution of Old Age Benefits, 1890-2000 BOZHONG LI AND Before the Great Divergence? Comparing the Yangz JAN LUITEN VAN ZANDEN Delta and the Netherlands at the Beginning of the Nineteenth Century MICHAEL ADAMS, Competing Models of Organizational Form: Risk LARS FREDRIK ANDERSSON, Management Strategies and Underwriting Profitability MAGNUS LINDMARK, AND in the Swedish Fire Insurance Market Between 1903 990 ELENA VEPRAUSKAITI and 1939 MORGAN KELLY AND lhe Preventive Check in Medieval and Preindustrial CORMAC O GRADA i015 a ne GERBEN BAKKER How Motion Pictures Industrialized Entertainment...... ESTHER REDMOUNT, The Effect of Wage Payment Reform on Workers’ Labor ARTHUR SNOW, AND Supply, Wages, and Welfare.... RONALD S. WARREN, JR EDITORS’ NOTES:.....<...:. REVIEWS OF BOOKS Index to Volume 72 ARTICLES ACCOMINOTTI, OLIVIER, London Merchant Banks, the Central European Panic, and the Sterling Crisis of 1931 ADAMS, MICHAEL, LARS FREDRIK ANDERSSON, MAGNUS LINDMARK, AND ELENA VEPRAUSKAITE, Competing Models of Organizational Form: Risk Management Strategies and Underwriting Profitability in the Swedish Fire Insurance Market Between 1903 and 1939 9O() ANDERSSON, LARS FREDRIK (See Adams, Michael) 990 LINDMARK, MAGNUS (See Adams, Michael) 990 VEPRAUSKAITE, ELENA (See Adams, Michael) 990 ALLEN, ROBERT C., TOMMY E. MURPHY, AND ERIC B. SCHNEIDER, Colonial Origins of the Divergence in the Americas: A Labor Market {pproach MURPHY, TOMMY E. (See Allen, Robert C. SCHNEIDER, ERIC B. (See Allen, Robert C. Rae eae tee ALSTON, LEE J., EDWYNA HARRIS, AND BelR N ARDO ML ELLER, The Development of Property Rights on Frontiers: Endowments, Norms, and Politics oP RE Pee RO ee pier ee ee HARRIS, EDWYNA (See Alston, Lee J Ba MUELLER, BERNARDO (See Alston, Lee J. ) ree BAKKER, GERBEN, How Motion Pictures Industrializ od 5n tertainment BESSEN, JAMES, More Machines, Better Machines...or Better Workers? CLARK, GREGORY, JOSEPH CUMMINS, AND BROCK SMITH, Malthus Preindustrial Growth CUMMINS, JOSEPH (See Clark, Gregory).. eer. BOAT ROG Rese TRO CEO OIY) ons 5c50raseuscovasenconscccesusasosnesenssorses COSGEL, METIN M., AND BOGAG A. ERGENE, /nequality of Wealth Ottoman Empire: War, Weather, and Long-Term Trends in Eig Century Kastamonu ERGENE, BOGAC A. (See Cosg sel Nesia M.) ds Cox, GARY W., Was the Glorious Revolution a Constitutional iWa tershed)?...... CURTO-GRAU, MARTA, ALFONSO HERRANZ-LONCAN, AND ALBERT SOLE-OLI Pork-Barrel Politics in Semi-Democracies: The Spanish “Parliamentar\ Roads,” 1880-1914 HERRANZ-LONCAN, ALFONSO (See Curto-Grau, Marta) . SOLE-OLLE, ALBERT (See Curto-Grau, Marta)............... DOBADO-GONZALEZ, RAFAEL, ALFREDO GARCIA-HIERNAUX, AND DAVID E. GUERRERO, The Integration of Grain Markets in the Eighteenth Century Early Rise of Globalization in the West GARCIA-HIERNAUX, ALFREDO (See Dobado-Gonzalez, Rafael) .............ccccccceeeeeeeeees GUERRERO, DAVID E. (See Dobado-Gonzalez, Rafael) ......................0seccccceeseeseeeeeee EICHENGREEN, BARRY, Economic History and Economic Policy ELU-TERAN, ALEXANDER, Has Social Security Policy Converged? Cross- Country Evolution of Old Age Benefits, 1890-2000 ETRO, FEDERICO, AND LAURA PAGANI, The Market for Paintings in Italy During the Seventeenth Century PAGANI, LAURA (See Etro, Federico) 1128 Index to Volume 72 FRANKEMA, EWOUT, AND MARLOUS VAN WAIJENBURG, Structural Impediments to African Growth? New Evidence from Real Wages in British Africa, 1880-1965 VAN WALUJENBURG. MARLOUS (See Frankema,. Ewout) peste FRYDMAN, CAROLA, AND RAVEN MOLLOY, Pay Cuts for the Boss: Executive ( ompensation in the 1940s MOLLOY, RAVEN (See Frydman, Carola) eee ere ee HANSEN, MARY ESCHELBACH, AND BRADLEY A. HANSEN, Crisis and Bankruptcy: T7 he Mediating Role of State Law, 1920-1932 ....... HANSEN, BRADLEY A. (See Hansen, Mary Eschelbach).. eee HENRIKSEN, INGRID, MORTEN HVIID, AND PAUL SHARP, Law and Peace: Contracts and the Success of the Danish Dairy Cooperatives HviiD, MORTEN (See Henriksen, Ingrid) ..... SHARP, PAUL (See Henriksen, Ingrid).. caus eviuaesaianiacsteabees AND JACQUELINE VALENTINE, Democratic Dividends ng Wealth and Politi s in New York, 1791-1826 E, JACQUELINE (See Hilt, Eric)... Ree a N, PHILIP T., Why Was It Europeans Who ( onque red the World? AND CORMAC O GRADA, The Preventive Check in Medieval and Preindustrial EnglaJ nd O GRADA, CORMAC (See Kelly, Morgan) HAEL, AND NIKOLAUS WOLF, Agricultural Productivity Acr the IJ ndu] strial RevoluJ tion | Theie,i ne nN I > erspecti ve S (See Kopsidis, Michael) AND JAN LI ITEN \ AN ZANDI N, Be fore the Great D vergence De lia and the Ve [Hé rlands al (he Be ginning of the TEN (See Li, Bozhong) aie asecees OLYN M., AND MELISSA A. THOMASSON, 7he Political Economy S and Babie § The Politic § of State Partic pal On in the nel Program . . re MELISSA A. (See Moehling, Carolyn M.). {l, JOANA, RODRIGO R. SOARES, AND JULIANO J. ASSUN ional Development and Colonial Heritage within Brazil ARES, RODRIGO R. (See Naritomi, Joana) . NCAO, JULIANO J. (See Naritomi, Joana)..................... its E, SHEILAGH, MARKUS KUPKER, AND JANINE MAEGRAITH, Household n } Early Modern Germany: Evidence from Personal Inventories ., MARKUS (See Ogilvie, Sheilagh).. H, JANINE (See Ogilvie, Sheilagh) . ESTHER, ARTHUR SNOW, AND RONALD S. WARREN, JR., The Effect Payment Reform on Workers’ Labor Supply, Wages, and Welfare 1064 Rk (See Redmount, Esther)... 1064 R> ONALD S. (See Redmount, Esther) 1064 ETER M., AND JAMES WALKER, Working-Class Household Consumption Smoothing in Interwar Britain WALKER, JAMES (See Scott, Peter M.) jUITO, ANTONIO, MARKUS LAMPE, AND FELIPE TAMEGA FERNANDES, Vuch Trade Liberalization Was There in the World Before and After hd: ) AUS en-Chevalier Index to Volume 72 LAMPE, MARKUS (See Tena-Junguito, Antonio) TAMEGA FERNANDES, FELIPE (See Tena-Junguito, Antonio) WANAMAKER, MARIANNE H. /ndustrialization and Fertility in the Nineteenth Century: Evidence from South Carolina WARD, MARIANNE, AND JOHN DEVEREUX, The Road Not Taken: Pre -Revolutionary Cuban Living Standards in Comparative Perspective DEVEREUX, JOHN (See Ward, Marianne) NOTES, DISCUSSION, DISSERTATION SUMMARIES, POSTER PRESENTATIONS, AND REVIEW ARTICLES ACCOMINOTTI, OLIVIER, Foreign Exchange Reserves, Financial Instability, and Contagion: Three Essays on the Great Depression A’ HEARN, BRIAN, Comments on Accominotti, Koudjis, and Zeitz ...... BHARAT, SHEETAL, British Motivations Behind Post Office Allocations in India in the Late Nineteenth Century COLLET, STEPHANIE, A Window Dressing Story: Sovereign Bonds During the Netheriands-Beloinin Breakup :......:0.:0ccsesssesrsesessacnsenssesessesesesess ee Cox, MARY, Nutritional Impact of the First World War on German) DEPEW, BRIGGS, AND TODD SORENSEN, Racial Wage Gaps, Labor Market Frictions, and Macroeconomic Fluctuations: Evidence from the Ford Motor Company and the 1940 Census SORENSEN, TODD (See Depew, Briggs) geht oked, bata ialatianca? DUQUETTE, NICOLAS, The Incentive Problems of the Sinsa l yen an Company and Drivers of Middle Passage Mortality FELIS-ROTA, MARTA, JORDI MARTI HENNEBERG, LAIA MOJi MORILLAS, AND JOSEP PUIG, A GJS Analysis of the Evolution of the Railwa Vetwork and Population Densities in Europe, 1825—2005..... HENNEBERG, JORDI MARTI (See Felis-Rota, Marta) . Rots MojicA, LAIA (See Felis-Rota, Marta)...........::.:00csscccccscossesesssosess ae MORILLAS, MATEU (See Felis-Rota, Marta) ..............:cccssccccesssseeeeeees PUIG, JOSEP (See Felis-Rota, Marta).. GUTBERLET, THERESA, Mechanization and Industry: Empire HARTZMARK, AMANDA, Elites, Companies Industry, 1945-1990 HAUSMAN, JOSH, What was Bad for GM was Bad for America: The Automobile Industry and the 1937/38 Recession JIN, YE, AND LEMIN WU, Why Did the Trade Deficit Expand with Exchange Rate Depreciation in Late Qing? Wu, LEMIN (See Jin, Ye) KOLLMANN, TREVOR M., Housing Markets, Government Programs, and Race During the Great Depression KOUDIJS, PETER, Trading and Financial Market Efficiency in Eighteenth- Century Holland LINK, SUSANNE, OLIVER FALCK, AND STEPHAN HEBLICH, Do /ntegration Policies for Immigrants Work? Historic Evidence from Forced Mass Migration FALCK, OLIVER (See Link, Susanne) HEBLICH, STEPHAN (See Link, Susanne) 1130 Index to Volume 72 MARCIN, DANIEL, The Revenue Act of 1924: Publicity, Tax Cuts, and Response ..... MASSEY, CATHERINE, /mmigration Quotas and Immigrant Skill Composition: Evidence from the Last Frontier, 1906-1954 MILL, ROY, AND LUKE STEIN, Skin Color Discrimination in Early-Twentieth- Century America. STEIN, LUKE (See Mill, Roy) MISSIAIA, ANNA, Market vs. Endowment: Explaining Early Industrial Location RIS etO e Oi hdl PA RR a ote Rane ot ae Lee oe nt Dn ba ae 524 MITCHENER, KRIS JAMES, Comments on Kollmann, Puerta, and Shester POSTEL-VINAY, NATACHA, “Fundamental” Factors in the Great Depression: What the 1920s Evolution of Chicago Bank Portfolios Tells US vocccccccccsssesseeseseeee 3 ERTA, JUAN MANUEL, Fertility Transition and Development in the United i 1850-1920 486 R, KATHARINE L., American Public Housing's Origins and Effects 490 -ROBERT, JORDI, War and Inquisition: Social Control over the Spanish , Essays on Industriali rede tivity in Twen itieth-«C entury ZIEBARTH. NICOLAS l de Dression ABSTRACTS OF PAPERS PRESENTED AT THE ANNUAL MEETING N, LEAH BOUSTAN, AND KATHERINE sg { Nationo f {ssimilation and Economic Outcomes in the Age of Mass H (See Abramitzky, RaiA D eeete, Sea ; \THERINE (See Abramitzky, Ran) E, MARCUS MELO, BERNARDO MUELLER, and CARLOS PEREIRA, 1g Development in the Modern World: Power, Beliefs, and ith an Application to Brazil, 1960-2010 S (See Alston, Lee) Sey (SB OE EC aS 5 ARLOS (See Alston, Lee) ; N, KAREN CLAY, AND JOEL TARR, Coal, Smoke, and Death.............. 5 . KAREN (See Barreca. Alan) ¢. JOEL (See Barreca, Alan) ME, Looking on English and German Banking in the Banking and Development in France (1880-1913) Vas Mechanization De-Skilling? The Origins of Task-Biased D| RIK MEII DELL, - Ses Fast and How Broad was British zation? Evidence from a Synthetic Occupational Census for 180] IK (See Brunt, Liam).... , JOHN, AND ANNA SPADAVECCHIA, /nnovation and British Regions ) the Interwar Period PAVOCAIA; PANNA (SCE MCATIWEN., SODID) oui cnncaccsnscosssvecsccseseiecossevdicavnosccddedsesscesve : SON, M.A RK, AND JONATHAN ROSE, Credit Availability and the Collapse Banking Sector in the 1930s