Financial economists have long believed that the liquidity of shares affects the level of participation in equity markets and is thus central to their deepening. This study examines the growth in industrial share liquidity that occurred in Boston over the latter half of the 19th century. From...

We investigate the impact of universal bank relations on the performance and the risk of listed companies in Belgium in the period 1905-1909. Our results are consistent with the view that universal banks are efficient institutions which overcome problems of asymmetric association inevitably...

Newly constructed global indices of ocean freight rates in the 1850s show large cyclical fluctuations in these years. A new type of freight rate index, referred to as a repeat sailings index, is presented, which is similar to a type of index frequently applied to house prices. An econometric...

In this study we examine anthropometric data for eight countries in the Middle East for the period 1850-1910, and we follow those countries until the 1980s. The Middle East had a relatively good position during the mid-19th century, if human stature or real wages are considered, but much less so...

Using a new source of nineteenth century US state prison records I contrast the biological living conditions of comparable African-Americans and whites. Although blacks and whites today in the US reach similar terminal statures, nineteenth century African-American statures were consistently...

Since 1995 approximately 325 publications on stature have appeared in the social sciences, which is more than a four-fold increase in the rate of production relative to the period 1977-1994. The expansion occurred in several areas, but especially within economics, indicating that heights are now...

The Mesta was the association of the migratory shepherds of Castile, controlling fine wool production between the thirteenth and the nineteenth centuries. Its royally granted privileges have often been blamed for the stagnant Spanish agricultural productivity during the early modern period. I...

Using a rich sample of admission records from New Orleans Touro Infirmary, we examine the in-hospital mortality risk of free and enslaved patients. Despite a higher mortality rate in the general population, slaves were significantly less likely to die in the hospital than the whites. We analyze...

A sustained long-term increase in average stature accompanied the process of import-substituting industrialization in the main suburban area of Argentina, the Buenos Aires Conurbano. This gain in net nutrition was attained before the rise to power of a re-distributionist political party: the...

Using a new source of evidence we explore the mobility of mid-nineteenth century seamen. Among seamen born outside London, the tall, the literate and those who could remember the exact day, month and year when they were born, characteristics that we suggest mark them out as men with more choices...