Economic Forces in American History.

Immigration in American Economic History.

The United States has long been perceived as a land of opportunity for immigrants. Yet, both in the past and today, US natives have expressed concern that immigrants fail to integrate into US society and lower wages for existing workers. This paper reviews the literatures on historical and contemporary migrant flows, yielding new insights on migrant selection, assimilation of immigrants into US...

Chapter 1: Migration in African-American Economic History

In the early twentieth century, American cities were home to immigrants from around the world; 23 percent of the urban population in the United States in 1910 was born abroad. Immigrants were attracted to the industrial centers of the Northeast and Midwest, cities like Chicago, Pittsburgh and Detroit, which offered plentiful jobs in rail yards, steel works and automobile manufacturing. Despite ...

Economic History

Investor Sentiment and Economic Forces*

This study explores the role of investor sentiment in the pricing of a broad set of macro-related risk factors. Economic theory suggests that pervasive factors (such as TFP and consumption growth) should be priced in the cross-section of stock returns. However, when we form portfolios based directly on their exposure to macro factors, we find that portfolios with higher risk exposure do not ear...

History of American pediatrics

adventures in the South Seas as "Voyager, Monster-hunter and Amoroso". Lyte makes the most of the comic possibilities of the pursuit of his hero by the voracious middle-aged queen Purea; nor does he forget his English mistress Miss B--n. As the subtitle suggests, Banks's early travels loom much larger in this book than the long afternoon of correspondence and power as President of the Royal Soc...