The purpose of this shorter paper is to estimate the trend of 18 th century British slave prices. We apply robust econometric procedures on slave price data constructed by Whatley (2018) over the period 1699 to 1807 and find evidence of a structural break in 1740, thereby advocating a broken...

The purpose of this shorter paper is to estimate the trend of 18 th century British slave prices. We apply robust econometric procedures on slave price data constructed by Whatley (2018) over the period 1699 to 1807 and find evidence of a structural break in 1740, thereby advocating a broken...

Although it is not a new phenomenon, in recent years inequality has moved to the top of the political agenda given the concern that will result in political instability and social resentment. Persistence in inequality can further undermine economic growth and development by hindering educational...

Modelling the underlying long-run trend of metal prices is important, given that selected metals are a source of income for many countries. However, estimating the underlying trend has proven to be difficult, given the persistence and volatility of primary commodity prices-metals are no...

We examine the effect of pandemics on selected commodity prices-in particular, those of zinc, copper, lead, and oil. We set up a vector autoregressive model and analyse data since the mid-nineteenth century to determine how prices reacted to pandemics such as the 1918 Spanish Flu, 1957 Asian...

We examine the effect of pandemics on selected commodity prices-in particular, those of zinc, copper, lead, and oil. We set up a vector autoregressive model and analyse data since the mid-nineteenth century to determine how prices reacted to pandemics such as the 1918 Spanish Flu, 1957 Asian...