Rule Britannia

Rule Britannia! British Stock Market Returns, 1825-1870

This article presents a new series of monthly equity returns for the British stock market for the period 1825–1870. In addition to calculating capital appreciation and dividend yields, the article also estimates the effect of survivorship bias on returns. Three notable findings emerge from this study. First, stock market returns in the 1825–1870 period are broadly similar for Britain and the Un...

UIT BRITANNIA In

Britannia Ruled the Waves

This paper uses new micro-level US data to re-examine productivity leadership in cotton spinning c. 1900. We find that output aggregation problems make the Census unreliable in this industry, and that Lancashire, not New England was the productivity leader for almost every type of yarn. This is true both for the operation of a given machinery type, and when comparing machinery typical in each c...

I Bericht Uit Britannia

Geology of the Byrd Glacier Discontinuity (Ross Orogen): New survey data from the Britannia Range, Antarctica

Field activities in the Britannia Range (Transantarctic Mountains, Antarctica) highlighted new geological features around the so-called Byrd Glacier discontinuity. Recent field surveys revealed the occurrence of significant amounts of mediumto high-grade metamorphic rocks, intruded by abundant coarse-grained porphyritic granitoids. Most of the granitoids are deformed, with foliation parallel to...