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Reinventing perished “Belgium of the East”: new estimates of GDP for inter-war Latvia (1920–1939)
The British Historian John Hiden once called pre-WWI Latvia “the Belgium of the East” due to its highly advanced manufacturing, serving the Russian...
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Measuring the Demand for Land Under Sorting and Matching
This paper investigates nonparametric identification of demand in markets with two-sided sorting. We consider any situation where the price of a good...
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Making Housing Affordable: A Foundational Framework for Policy Analysis
Firstly, this chapter investigates the determinants of the housing affordability issue within the perspective of contemporary housing and urban...
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On the Impact of Infrastructure Improvement on Real Estate Property Values: Evidence from a Quasi-natural Experiment in an Emerging Market
Prior studies show infrastructural improvements impact property values positively. The effect is often reflected soon after the announcement and...
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Historical Analysis as a Level of Political Economy
In our usage, “marxian political economy” is the general theory of capitalism with three distinct levels of analysis. Although this book focuses on...
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Historical Background
This chapter tries to familiarize the reader of the historical transformations that humanity went through to reach the current situation, moving from...
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Ethnic Discrimination During the Covid-19 Pandemic
Ethnic discrimination is common in labor and housing markets. It leads to lower wages and higher unemployment for ethnic minorities, to segregation...
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China’s Early Choice of Modernization Path
The first disagreement regarding China’s development path emerged during the early days of the People’s Republic of China: should the country remain...
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Conclusion
One of the clear findings of this book is the diversity of empirical analysis challenges faced by various fields of economics, as can be seen from...
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An Inclusive and Equitable New Chicago?
This chapter examines Chicago’s governance actors’ shifting rhetoric in response to changes of leadership, mounting social and political discontent,...
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Friedrich List’s Opinion on Slavery
In a contribution to the first and second editions of the Staatslexikon of 1834 and 1845 on the keyword “work”, Friedrich List took a fundamental...
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British Hegemony and Migration
Britain rose to hegemonic status in the capitalist world-system in the period 1815–1873. Two developments at the center of this dominant status were...
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Two-worker Households, Decentralized Employment, and Residential Segregation
The last century was marked by a remarkable improvement in the economic position of women, as reflected in higher labor force participation and...
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Housing, imputed rent, and household welfare
Housing is the most important durable good consumed by households. This paper assesses the distributional effects of including the value of the flow...
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In Favor: Democracy Enhanced and Social Justice, Too!
UBI will enhance democracy and social justice because people will be more equal economically. It will emancipate people from subservience to...
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Toward an Inclusive Industry 4.0: Social Policy, Economic Growth, and Development in Africa
The Fourth Industrial Revolution, or 4IR, is a framework or overarching concept that covers data and technology such as artificial intelligence (AI),...
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The changing role of government in Indian agriculture
This lecture looks at the role of the Government in agricultural development in India in different periods, from independence to the period of...
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Inequality and Housing
This chapter discusses recent developments in theory and research on housing and inequality. Housing-related inequalities have become a topic of...
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Political economy of law, efficiency and adverse ‘inclusion’: rethinking land acquisition in India
With the escalated rate of land acquisition in India to produce viable development projects and essential infrastructure for ‘public purpose’, there...