Showing 1 - 10 of 17
The 1955-56 macroeconomic crisis is a central event in modern Irish history. Yet, despite this centrality, its causes are not clearly understood. In 1955-6, Ireland, which had previously followed British interest rates in lockstep as part of its fixed exchange with the latter, briefly...
Persistent link: https://www.econbiz.de/10015202292
This paper studies a natural experiment in macroeconomic history: the Irish bank strike of 1966, which led to the closure of the major commercial banks for three months. We use synthetic control to estimate how the economy would have evolved had the strike not happened. We find that economic...
Persistent link: https://www.econbiz.de/10014446306
This paper investigates the macroeconomic effects of UK banking crises over the period 1750 to 1938. We construct a new annual banking crisis series using bank failure rate data, which suggests that the incidence of banking crises was every 32 years. Using our new series and a narrative approach...
Persistent link: https://www.econbiz.de/10011743002
Using a new biography of banks, we examine the stability of Irish banking from 1797 to 1826 by constructing a failure rate series. We find that the ultimate cause of the frequent and severe banking crises was the crisis-prone structure of the banking system, which was designed to benefit the...
Persistent link: https://www.econbiz.de/10011862079
What are the insights from historical pandemics for policymaking today? We carry out a systematic review of the literature on the impact of pandemics that occurred since the Industrial Revolution and prior to Covid-19. Our literature searches were conducted between June 2020 and September 2023,...
Persistent link: https://www.econbiz.de/10014446308
Analysis of excess mortality holds the potential to revise understandings of key moments in modern Irish history. Yet aside from studies of the Great Famine, it has been neglected by historians of Ireland. Examining rates of excess mortality across post-Famine Ireland reveals that the Land War...
Persistent link: https://www.econbiz.de/10014492972
Why do we choose one language over another? Rival views see language frontiers as exogenous, driven by policy, or endogenous, determined by social, cultural and economic forces. We study language loss in nineteenth-century Ireland's bilingual society using individual-level data from the 1901...
Persistent link: https://www.econbiz.de/10014633236
We study Ireland´s inheritance of debt following its secession from the United Kingdom at the beginning of the twentieth century. Exploiting structural differences in bonds guaranteed by the UK and Irish governments, we can identify perceived uncertainty about fiscal responsibility in the...
Persistent link: https://www.econbiz.de/10010392523
Geary and Stark find that Ireland´s Post-Famine per capita GDP converged with British levels, and that this convergence was due to TFP growth rather than mass emigration. We devise new long-run measurements of human capital accumulation in Ireland in order to facilitate an assessment of sources...
Persistent link: https://www.econbiz.de/10011405762
Trends in living standards during the Industrial Revolution is a core debate in economic history. Studies using anthropometric records from institutional sources have found downward trends in living standards during the first half of the nineteenth century. This paper contributes to this...
Persistent link: https://www.econbiz.de/10012051894