This paper presents first results from a project to reconstitute the demographic behavior of three villages in Württemberg (southern Germany) from the mid-sixteenth to the early twentieth century. Using high-quality registers of births, deaths, and marriages, and unusual ancillary sources, we...

This paper argues that the role of universal banks in German industrialization has been over-emphasized. The contribution of universal banks to the financing of railway investment was overshadowed by that of the German states. The distinctive features of the relationship between universal banks...

The investment decisions of small-scale farmers in developing countries are conditioned by their financial environment. Binding credit market constraints and incomplete insurance can reduce investment in activities with high expected profits. We conducted several experiments in northern Ghana in...

This article investigates women s position in early modern Bohemia by focusing on female household headship, which was very low by European standards. Empirical analysis suggests that the factors hypothesized in the literature as influencing female economic independence in preindustrial Europe...

The Netherlands are thought to have pioneered an early modern 'Retail Revolution' which reduced the transaction costs of bringing market wares to wider social strata, facilitating the Consumer Revolution. This paper addresses open questions about this development using a commonly used...

This paper explores a key implication of Richard Smith's work on agrarian societies: the need to be attentive both to rural people's decisions as economic agents and to the constraints on their choices. It begins by examining evidence of goal-maximizing behaviour by rural people – not...