This article contributes new time series for studying the UK economy during World War I and the interwar period. The time series are per capita hours worked and average capital income, labor income, and consumption tax rates. Uninterrupted time series of these variables are provided for an...

Phillips curves are central to discussions of inflation dynamics and monetary policy. New Keynesian Phillips curves describe how past inflation, expected future inflation, and a measure of real marginal cost or an output gap drive the current inflation rate. This paper studies the (potential)...

We study British commodity markets and the extent to which prices in these markets were integrated in the short-run and converged in the long-run. Our historical data is new. It consists of five price indices for identically described goods - iron products, wood products, processed foods, red...

We study British commodity markets and the extent to which prices in these markets were integrated in the short-run and converged in the long-run. Our historical data is new. It consists of five price indices for identically described goods - iron products, wood products, processed foods, red...

This article contributes new time series for studying the U.K. economy during World War I and the interwar period. The time series are per capita hours worked and average tax rates of capital income, labor income, and consumption. Uninterrupted time series of these variables are provided for an...