Mauricio Drelichman
Biographic Data
| ID | 369802 |
|---|---|
| NAME | Mauricio Drelichman |
| GIVEN NAMES | Mauricio |
| FAMILY NAME | Drelichman |
| SIGNATURE | DRELICHMAN M |
| AFFILIATIONS | University of British Columbia |
| ORCID | 0000-0002-1457-3235 |
| VERIFIED | Yes |
| TOTAL WORKS | 16 |
| TOTAL CITATIONS | 76 |
| AUTHOR COUNT | 17 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 1997 |
| LATEST PUBLICATION YEAR | 2026 |
| H-INDEX | 5 |
The cost of housing in the very long run
We construct one of the longest continuous rent series for the pre-modern world, tracing Toledo’s housing market from 1489 to 1810. Using the Cathedral’s portfolio, we merge a hedonic microdataset (1489–1650) with a decadal census of leases (1650–1810), yielding over 34,000 transactions and coverage of up to 35% of dwellings in the city per sampled year. Privileged groups drove a bubble-like surge in rents during the sixteenth-century silver boom…
The bread of Toledo
We study the market for common white bread in the city of Toledo through a new 266‐year‐long series of bread prices, obtained from the cash purchases and wholesale bread‐for‐wheat contracts of large institutions. Our data are strongly consistent with fragmentary evidence on retail price regulation, as well as with shorter series from other regional markets, suggesting they can be considered representative of consumer bread costs for a broad area …
The Gender Wage Gap in Early Modern Toledo, 1550-1650
We exploit the records of a large Toledan hospital to study the compensation of female labor and the gender wage gap in early modern Castile in the context of nursing-a non-gendered, low-skill occupation in which men and women performed the same clearly defined tasks. We employ a robust methodology to estimate the value of in-kind compensation, and show it to constitute a central part of the labor contract, far exceeding subsistence requirements.…
Duplication without constraints
Carlos Álvarez-Nogal and Christophe Chamley recently published an article in the Economic History Review on 'Debt policy under constraints: Philip II, the Cortes, and Genoese bankers'. In this note, we show that several claims in their article are very similar to earlier research results, published or circulated long before Álvarez-Nogal and Chamley's original submission, by ourselves and other scholars (section I). These results are repeated wit…
Risk sharing with the monarch
Housing and the cost of living in early modern Toledo
Serial defaults, serial profits
Lending to the Borrower from Hell
Philip II of Spain accumulated debts equivalent to 60% of GDP. He also failed to honor them four times. We ask what allowed the sovereign to borrow much while defaulting often. Earlier work emphasized either banker irrationality or the importance of sanctions. Using new archival data, we show that neither interpretation is supported by the evidence. What sustained lending was the ability of bankers to cut off Philip II’s access to smoothing servi…
The Sustainable Debts of Philip II
The defaults of Philip II have attained mythical status as the origin of sovereign debt crises. We reassess the fiscal position of Habsburg Castile, deriving comprehensive estimates of revenue, debt, and expenditure from new archival data. The king's debts were sustainable. Primary surpluses were large and rising. Debt-to-revenue ratios remained broadly unchanged during Philip's reign. Castilian finances in the sixteenth century compare favorably…
License to till
Institutions and Economic Performance
Institutions and Economic Performance explores the question of why income per capita varies so greatly across countries. Even taking into account disparities in resources, including physical and human capital, large economic discrepancies remain across countries. Why are some societies but not others able to encourage investments in places, people, and productivity? The answer, the book argues, lies to a large extent in institutional differences …
Institutions and the Resource Curse in Early Modern Spain
Sons of Something
The widespread ennoblement of the Spanish bourgeoisie in the Early Modern period has been traditionally considered one of the main causes of the “crisis of the seventeenth century.” Using a new time series of nobility cases I provide the first quantitative assessment of Castilian ennoblement. Contrary to established scholarship, I find that the tax exemptions cannot alone explain the flight to privilege. My data show that the central motivation b…
The curse of Moctezuma
American Silver and the Decline of Spain
An abstract is not available for this content so a preview has been provided. Please use the Get access link above for information on how to access this content
A History of the European Economy, 1000-2000
1University of British Columbia A History of the European Economy, 1000–2000 François Crouzet Charlottesville U.P. of Virginia 2001 xx + 329 Hardback$65 Paperback$26.50
Efficient Pricing in Data Transmission Networks
This paper develops a model to reflect the Argentine market for end-user Internet access and draws conclusions on certain aspects of economic efficiency. After the Introduction, the second section, entitled A Simple Model, provides a descriptive analysis of the market and its related industry, deriving a stylized technology and setting up a basic model. The third part of the paper, An Application to the Argentine Market, applies the model to Arge…
The curse of Moctezuma
Housing and the cost of living in early modern Toledo
The Sustainable Debts of Philip II
The defaults of Philip II have attained mythical status as the origin of sovereign debt crises. We reassess the fiscal position of Habsburg Castile, deriving comprehensive estimates of revenue, debt, and expenditure from new archival data. The king's debts were sustainable. Primary surpluses were large and rising. Debt-to-revenue ratios remained broadly unchanged during Philip's reign. Castilian finances in the sixteenth century compare favorably…
Serial defaults, serial profits
Lending to the Borrower from Hell
Philip II of Spain accumulated debts equivalent to 60% of GDP. He also failed to honor them four times. We ask what allowed the sovereign to borrow much while defaulting often. Earlier work emphasized either banker irrationality or the importance of sanctions. Using new archival data, we show that neither interpretation is supported by the evidence. What sustained lending was the ability of bankers to cut off Philip II’s access to smoothing servi…
The Gender Wage Gap in Early Modern Toledo, 1550-1650
We exploit the records of a large Toledan hospital to study the compensation of female labor and the gender wage gap in early modern Castile in the context of nursing-a non-gendered, low-skill occupation in which men and women performed the same clearly defined tasks. We employ a robust methodology to estimate the value of in-kind compensation, and show it to constitute a central part of the labor contract, far exceeding subsistence requirements.…
License to till
Sons of Something
The widespread ennoblement of the Spanish bourgeoisie in the Early Modern period has been traditionally considered one of the main causes of the “crisis of the seventeenth century.” Using a new time series of nobility cases I provide the first quantitative assessment of Castilian ennoblement. Contrary to established scholarship, I find that the tax exemptions cannot alone explain the flight to privilege. My data show that the central motivation b…
Duplication without constraints
Carlos Álvarez-Nogal and Christophe Chamley recently published an article in the Economic History Review on 'Debt policy under constraints: Philip II, the Cortes, and Genoese bankers'. In this note, we show that several claims in their article are very similar to earlier research results, published or circulated long before Álvarez-Nogal and Chamley's original submission, by ourselves and other scholars (section I). These results are repeated wit…
Efficient Pricing in Data Transmission Networks
This paper develops a model to reflect the Argentine market for end-user Internet access and draws conclusions on certain aspects of economic efficiency. After the Introduction, the second section, entitled A Simple Model, provides a descriptive analysis of the market and its related industry, deriving a stylized technology and setting up a basic model. The third part of the paper, An Application to the Argentine Market, applies the model to Arge…
A History of the European Economy, 1000-2000
1University of British Columbia A History of the European Economy, 1000–2000 François Crouzet Charlottesville U.P. of Virginia 2001 xx + 329 Hardback$65 Paperback$26.50
The curse of Moctezuma
American Silver and the Decline of Spain
An abstract is not available for this content so a preview has been provided. Please use the Get access link above for information on how to access this content
Sons of Something
The widespread ennoblement of the Spanish bourgeoisie in the Early Modern period has been traditionally considered one of the main causes of the “crisis of the seventeenth century.” Using a new time series of nobility cases I provide the first quantitative assessment of Castilian ennoblement. Contrary to established scholarship, I find that the tax exemptions cannot alone explain the flight to privilege. My data show that the central motivation b…
Institutions and Economic Performance
Institutions and Economic Performance explores the question of why income per capita varies so greatly across countries. Even taking into account disparities in resources, including physical and human capital, large economic discrepancies remain across countries. Why are some societies but not others able to encourage investments in places, people, and productivity? The answer, the book argues, lies to a large extent in institutional differences …
Institutions and the Resource Curse in Early Modern Spain
License to till
The Sustainable Debts of Philip II
The defaults of Philip II have attained mythical status as the origin of sovereign debt crises. We reassess the fiscal position of Habsburg Castile, deriving comprehensive estimates of revenue, debt, and expenditure from new archival data. The king's debts were sustainable. Primary surpluses were large and rising. Debt-to-revenue ratios remained broadly unchanged during Philip's reign. Castilian finances in the sixteenth century compare favorably…
Serial defaults, serial profits
Lending to the Borrower from Hell
Philip II of Spain accumulated debts equivalent to 60% of GDP. He also failed to honor them four times. We ask what allowed the sovereign to borrow much while defaulting often. Earlier work emphasized either banker irrationality or the importance of sanctions. Using new archival data, we show that neither interpretation is supported by the evidence. What sustained lending was the ability of bankers to cut off Philip II’s access to smoothing servi…
Housing and the cost of living in early modern Toledo
Risk sharing with the monarch
Duplication without constraints
Carlos Álvarez-Nogal and Christophe Chamley recently published an article in the Economic History Review on 'Debt policy under constraints: Philip II, the Cortes, and Genoese bankers'. In this note, we show that several claims in their article are very similar to earlier research results, published or circulated long before Álvarez-Nogal and Chamley's original submission, by ourselves and other scholars (section I). These results are repeated wit…
The Gender Wage Gap in Early Modern Toledo, 1550-1650
We exploit the records of a large Toledan hospital to study the compensation of female labor and the gender wage gap in early modern Castile in the context of nursing-a non-gendered, low-skill occupation in which men and women performed the same clearly defined tasks. We employ a robust methodology to estimate the value of in-kind compensation, and show it to constitute a central part of the labor contract, far exceeding subsistence requirements.…
The cost of housing in the very long run
We construct one of the longest continuous rent series for the pre-modern world, tracing Toledo’s housing market from 1489 to 1810. Using the Cathedral’s portfolio, we merge a hedonic microdataset (1489–1650) with a decadal census of leases (1650–1810), yielding over 34,000 transactions and coverage of up to 35% of dwellings in the city per sampled year. Privileged groups drove a bubble-like surge in rents during the sixteenth-century silver boom…
The bread of Toledo
We study the market for common white bread in the city of Toledo through a new 266‐year‐long series of bread prices, obtained from the cash purchases and wholesale bread‐for‐wheat contracts of large institutions. Our data are strongly consistent with fragmentary evidence on retail price regulation, as well as with shorter series from other regional markets, suggesting they can be considered representative of consumer bread costs for a broad area …
Economics (13 works) · Historical Economic and Social Studies (11 works) · Political science (10 works) · Debt (5 works) · Geography (5 works) · Law (5 works) · Macroeconomics (5 works) · Monetary economics (5 works) · Computer Science (4 works) · Default (4 works)