There is a strong, positive and well-documented correlation between education and health outcomes. There is much less evidence on the extent to which this correlation reflects the causal effect of education on health - the parameter of interest for policy. In this paper we attempt to overcome...

This paper presents a synopsis of recent NBER studies of the history of corporate governance in Canada, China, France, Germany, Japan, India, Italy, the Netherlands, Sweden, the United Kingdom, and the United States. Together, the studies underscore the importance of path dependence, often as...

This study provides new evidence on the impact of air pollution in a high-pollution high-mortality setting: London over the century from 1866-1965. I identify pollution effects by comparing detailed new weekly mortality data to the timing of London's famous fog events, which trapped emissions in...

Using newly-constructed spatially-disaggregated data for London from 1801-1921, we show that the invention of the steam railway led to the first large-scale separation of workplace and residence. We show that a class of quantitative urban models is remarkably successful in explaining this...

The impact of fiscal policy on economic activity is still a matter of great debate. And, ever since Keynes first commented on it, interwar Britain, 1918- 1939, has remained a particularly contentious case | not least because of its high debt environment and turbulent business cycle. This debate...

The historical fertility transition is one of the most important events in economic history. This study provides new evidence on the role that ideas about family planning played in this transition. We begin by documenting a link between the famous Bradlaugh-Besant trial that took place in...