David S Jacks
Biographic Data
| ID | 1203648 |
|---|---|
| NAME | David S Jacks |
| GIVEN NAMES | David S |
| FAMILY NAME | Jacks |
| SIGNATURE | JACKS D S |
| AFFILIATIONS | National Bureau of Economic Research |
| ORCID | 0000-0002-8668-9974 |
| VERIFIED | Yes |
| TOTAL WORKS | 14 |
| TOTAL CITATIONS | 147 |
| AUTHOR COUNT | 14 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2002 |
| LATEST PUBLICATION YEAR | 2023 |
| H-INDEX | 5 |
Urban mortality and the repeal of federal prohibition
Dry bulk shipping and the evolution of maritime transport costs, 1850–2020
We provide evidence on the dynamic effects of fuel price shocks, shipping demand shocks and shipping supply shocks on real dry bulk freight rates in the long run. We first analyse a new dataset on dry bulk freight rates for the period from 1850 to 2020, finding that they followed a downward but undulating path with a cumulative decline of 79%. Next, we turn to understanding the drivers of booms and busts in the dry bulk shipping industry, finding…
Infant Mortality and the Repeal of Federal Prohibition
Using new data on county-level variation in alcohol prohibition from 1933 to 1939, we investigate whether the repeal of federal prohibition increased infant mortality, both in counties and states that repealed and in neighbouring counties. We find that repeal is associated with a 4.0% increase in infant mortality rates in counties that chose wet status via local option elections or state-wide legislation and with a 4.7% increase in neighbouring d…
From boom to bust: A typology of real commodity prices in the long run
This paper considers the evidence on real commodity prices from 1900 to 2015 for 40 commodities, representing 8.72 trillion US dollars of production in 2011. In doing so, it suggests and documents a comprehensive typology of real commodity prices, comprising long-run trends, medium-run cycles, and short-run boom/bust episodes. The main findings can be summarized as follows: (1) real commodity prices have been on the rise—albeit modestly—from 1950…
Defying gravity: The Imperial Economic Conference and the reorientation of Canadian trade
Commodity Price Volatility and World Market Integration since 1700
Poor countries are more volatile than rich countries, and we know this volatility impedes their growth. We also know that commodity price volatility is a key source of those shocks. This paper explores commodity and manufactures price over the past three centuries to answer three questions: Has commodity price volatility increased over time? The answer is no: there is little evidence of trend since 1700. Have commodities always shown greater pric…
Commerce and Colonisation: Studies of Early Modern Merchant Capitalism in the Atlantic Economy
Klas Ronnback , Commerce and Colonisation: Studies of Early Modern Merchant Capitalism in the Atlantic Economy, Gothenburg studies in economic history No 3, Goteborg, Department of Economic History
Global Trade and the Maritime Transport Revolution
What is the role of transport improvements in globalization? We argue that the nineteenth century is the ideal testing ground for this question: freight rates fell on average by 50% while global trade increased 400% from 1870 to 1913. We estimate the first indices of bilateral freight rates for the period and directly incorporate these into a standard gravity model. We also take the endogeneity of bilateral trade and freight rates seriously and p…
The Four Most Expensive Words
Trade costs in the first wave of globalization
Populists versus theorists: Futures markets and the volatility of prices
What drove 19th century commodity market integration
Intra- and international commodity market integration in the Atlantic economy, 1800–1913
Real Inequality in Europe Since 1500
Introducing a concept of real, as opposed to nominal, inequality of income or wealth suggests some historical reinterpretations, buttressed by a closer look at consumption by the rich. The purchasing powers of different income classes depend on how relative prices move. Relative prices affected real inequality more strongly in earlier centuries than in the twentieth. Between 1500 and about 1800, staple food and fuels became dearer, while luxury g…
Real Inequality in Europe Since 1500
Introducing a concept of real, as opposed to nominal, inequality of income or wealth suggests some historical reinterpretations, buttressed by a closer look at consumption by the rich. The purchasing powers of different income classes depend on how relative prices move. Relative prices affected real inequality more strongly in earlier centuries than in the twentieth. Between 1500 and about 1800, staple food and fuels became dearer, while luxury g…
Intra- and international commodity market integration in the Atlantic economy, 1800–1913
Trade costs in the first wave of globalization
What drove 19th century commodity market integration
Populists versus theorists: Futures markets and the volatility of prices
Defying gravity: The Imperial Economic Conference and the reorientation of Canadian trade
Infant Mortality and the Repeal of Federal Prohibition
Using new data on county-level variation in alcohol prohibition from 1933 to 1939, we investigate whether the repeal of federal prohibition increased infant mortality, both in counties and states that repealed and in neighbouring counties. We find that repeal is associated with a 4.0% increase in infant mortality rates in counties that chose wet status via local option elections or state-wide legislation and with a 4.7% increase in neighbouring d…
Real Inequality in Europe Since 1500
Introducing a concept of real, as opposed to nominal, inequality of income or wealth suggests some historical reinterpretations, buttressed by a closer look at consumption by the rich. The purchasing powers of different income classes depend on how relative prices move. Relative prices affected real inequality more strongly in earlier centuries than in the twentieth. Between 1500 and about 1800, staple food and fuels became dearer, while luxury g…
Intra- and international commodity market integration in the Atlantic economy, 1800–1913
What drove 19th century commodity market integration
Populists versus theorists: Futures markets and the volatility of prices
Commerce and Colonisation: Studies of Early Modern Merchant Capitalism in the Atlantic Economy
Klas Ronnback , Commerce and Colonisation: Studies of Early Modern Merchant Capitalism in the Atlantic Economy, Gothenburg studies in economic history No 3, Goteborg, Department of Economic History
Global Trade and the Maritime Transport Revolution
What is the role of transport improvements in globalization? We argue that the nineteenth century is the ideal testing ground for this question: freight rates fell on average by 50% while global trade increased 400% from 1870 to 1913. We estimate the first indices of bilateral freight rates for the period and directly incorporate these into a standard gravity model. We also take the endogeneity of bilateral trade and freight rates seriously and p…
The Four Most Expensive Words
Trade costs in the first wave of globalization
Commodity Price Volatility and World Market Integration since 1700
Poor countries are more volatile than rich countries, and we know this volatility impedes their growth. We also know that commodity price volatility is a key source of those shocks. This paper explores commodity and manufactures price over the past three centuries to answer three questions: Has commodity price volatility increased over time? The answer is no: there is little evidence of trend since 1700. Have commodities always shown greater pric…
Defying gravity: The Imperial Economic Conference and the reorientation of Canadian trade
From boom to bust: A typology of real commodity prices in the long run
This paper considers the evidence on real commodity prices from 1900 to 2015 for 40 commodities, representing 8.72 trillion US dollars of production in 2011. In doing so, it suggests and documents a comprehensive typology of real commodity prices, comprising long-run trends, medium-run cycles, and short-run boom/bust episodes. The main findings can be summarized as follows: (1) real commodity prices have been on the rise—albeit modestly—from 1950…
Dry bulk shipping and the evolution of maritime transport costs, 1850–2020
We provide evidence on the dynamic effects of fuel price shocks, shipping demand shocks and shipping supply shocks on real dry bulk freight rates in the long run. We first analyse a new dataset on dry bulk freight rates for the period from 1850 to 2020, finding that they followed a downward but undulating path with a cumulative decline of 79%. Next, we turn to understanding the drivers of booms and busts in the dry bulk shipping industry, finding…
Infant Mortality and the Repeal of Federal Prohibition
Using new data on county-level variation in alcohol prohibition from 1933 to 1939, we investigate whether the repeal of federal prohibition increased infant mortality, both in counties and states that repealed and in neighbouring counties. We find that repeal is associated with a 4.0% increase in infant mortality rates in counties that chose wet status via local option elections or state-wide legislation and with a 4.7% increase in neighbouring d…
Urban mortality and the repeal of federal prohibition
Economics (13 works) · Law (6 works) · Political science (6 works) · Global Financial Crisis and Policies (5 works) · Historical Economic and Social Studies (5 works) · International economics (5 works) · Macroeconomics (5 works) · Market economy (5 works) · Boom (4 works) · Economy (4 works)