I explore the fact that the Mongol Empire invaded most of Eurasia but left Western Europe untouched. I hypothesize that differences in exposure to the Mongols resulted in divergent institutional paths. Where the Mongols invaded, they set up highly centralized autocratic institutions. Meanwhile,...

Globale Wertschöpfungsnetzwerke haben als Organisationsform ökonomischer Aktivitäten in den letzten Jahrzehnten deutlich an Bedeutung gewonnen. Zurückgeblieben ist demgegenüber trotz der massiven Betroffenheit vieler Interessengruppen - nicht nur, aber besonders der Beschäftigten -...

The authors provide evidence on the impact of foreign ownership on labor market outcomes analyzing pay differences between foreign-acquired and domestically owned firms. For this purpose, they use firm-level data from 16 European countries over the time period 19992006. Combing propensity score...

We provide evidence on the impact of globalisation on labour market outcomes analysing pay differences between foreign-acquired and domestically-owned firms. For this purpose, we use firm level data from 16 European countries over the time period 1999 to 2006. Applying propensity score matching...

In this essay I review Sylvia Nasar's long awaited new history of economics, Grand Pursuit. I describe how the book is an economic history of the period from 1850-1950, with distinguished economists' stories inserted in appropriate places. Nasar's goal is to show how economists work, but also to...

In the first era of financial globalization (1880-1914), global capital market integration led to substantial net capital movements from rich to poor economies. The historical experience stands in contrast to the contemporary globalization where gross capital mobility is equally high, but did...

This is a survey of some of the key studies in the literature on international migration in history that may be described as cliometric. This literature uses the concepts and approaches of applied economics to investigate a range of historical issues and there are strong parallels with the...