Joint Seventh CEPR Economic History Symposium and Fifth Banco de España Economic History Seminar

Joint Seventh CEPR Economic History Symposium
and Fifth Banco de España Economic History Seminar


Generously supported and hosted by Banco de España and CEPR
 
30-31 May 2019, Roda de Bará (Tarragona)

 

Thursday, 30 May


8.45-9.00 Welcome and Introduction


SESSION 1: LONG RUN PERSPECTIVES ON MONEY AND FINANCE


9.00-9.45 The real effects of money supply shocks: Quasi-experimental evidence from maritime disasters in the Spanish Empire by Felix Ward* (Erasmus University of Rotterdam) Nuno Palma (University of Manchester and CEPR), Adam Brzezinski (University of Oxford) and Yao Chen (Erasmus University Rotterdam)


9.45-10.30 Eight centuries of global real rates and the 'suprasecular' decline, 1311-2018 by Paul Schmelzing (Havard University, Stanford University and Bank of England)


10.30-11.00 Tea and Coffee


SESSION 2: INFRASTRUCTURE


11.00-11.45 Financing the rebuilding of the City of London after the Great Fire of 1666 by Nathan Sussman* (Bank of Israel, Hebrew University of Jerusalem and CEPR), D’maris Coffman (UCL) and Judy Stephenson (UCL)


11.45-12.30 The Gains from Reshaping Infrastructure: Evidence from the Division of Germany by Marta Santamaria (Universitat Pompeu Fabra)


13.00-14.00 Lunch

SESSION 3: CENTRAL BANKING

14.00-14.45 Taming the Global Financial Cycle: Central bank balance sheets and the sterilization of capital flows under the Classical Gold Standard (1891 - 1913) by Matthias Morys* (University of York), Guillaume Bazot (University Paris 8) and Eric Monnet (Banque de France, Paris School of Economics & CEPR)

14.45-15.30 Monetary Policy Regimes and Short-Term Funding Market Stability: A New Perspective on the Founding of the Fed by Caroline Fohlin (Emory University and CEPR)


15.30-16.00 Tea and Coffee


SESSION 4: MARKETS AND REGULATION

16.00-16.45 The Academic Market and the Rise of Universities in Medieval and Early Modern Europe (1088-1800) by David De La Croix* (IRES, UCLouvain, Belgium and CEPR), Frederic Docquier (LISER, Luxembourg, IRES, UCLouvain, and National Fund for Scientific Research, Belgium), Alice Fabre (AMSE, Marseille, France) and Robert Stelter (Max Planck Institute, Rostock, Germany)


16.45-17.30 The Financial Cycle and the Regulatory Pendulum in the United Kingdom (1922-2013) by German Forero-Laverde (Universidad Externado de Colombia)


17.30-18.15 It Takes Money to Make MPs: New Evidence from 150 Years of British Campaign Spending by Julia Cagé (Sciences Po Paris and CEPR) and Edgard Dewitte (Sciences Po Paris)

20.30 Dinner


Friday, 31 May


SESSION 5: FINANCE
9.00-9.45 The Origination and Distribution of Money Market Instruments: Sterling Bills of Exchange during the First Globalization by Olivier Accominotti* (London School of Economics and CEPR), Delio Lucena (University of Toulouse) and Stefano Ugolini (University of Toulouse)

9.45-10.30 The Big Bang: Stock Market Capitalization in the Long Run by Dmitry Kuvshinov* (University of Bonn) and Kaspar Zimmermann (University of Bonn)

10.30-11.00 Tea and Coffee

SESSION 6: INTERNATIONAL TRADE

11.00-11.45 The effects of market integration during the first globalization: a multi-market approach by Giovanni Federico* (University of Pisa and CEPR) and David Chilosi (University of Groningen)

11.45-12.30 Trade disruption, industrialisation, and the setting sun of British colonial rule in India by Björn Brey* (University of Nottingham) and Roberto Bonfatti (Universities of Padua and Nottingham)

13.00-14.00 Lunch


SESSION 7: BANCO DE ESPAÑA RESEARCH


14.00-14.45 Learning the hard way. Expectations and the Great Depression by Pablo Aguilar* (Banco de España, IRES, Universite Catholique de Louvain) and Luca Pensieroso (IRES, Universite Catholique de Louvain)


14.45-15.30 Staying dry on Spanish wine: the rejection of the 1905 Spanish-Italian trade agreement by Jacopo Timini (Banco de España)


15.30-16.15 Human capital and the territorial inequalities. Alphabetization in Spain by Daniel Tirado-Fabregat* (Universidad de Valencia), Francisco J. Beltrán-Tapia (Universidad de Valencia), Alfonso Díaz-Minguela (Universidad de Valencia) and Julio Martínez-Galarraga (Universidad de Valencia)

16.15-16.45 Tea and Coffee


SESSION 8: THE COST OF LABOUR


16.45-17.30 The causes and consequences of general-purpose technological progress: Evidence from the adoption of steam engines in 19th-century France by Jacob Weisdorf* (University of Southern Denmark, CAGE, and CEPR), Alexandra de Pleijt (Queen’s University Belfast) and Leonardo Ridolfi (Sant’Anna School of Advanced Studies)

17.30 Closing Remarks Soledad Nuñez (Banco de España)


* Indicates presenter in the case of multi-authored papers