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Pieter (Jop) WOLTJER

Postdoc Economic History – University of Groningen

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Great Depression

Dataset: The Yankees of Europe?

This dataset provides detailed census-level data for Manufacturing in the US, Germany and Great Britain for selected years between 1899 and 1939. It covers output, horsepower, employment and efficiency at the 2-, 3- and 4-digit industry level. It also  Continue reading “Dataset: The Yankees of Europe?”

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Working Paper: The Sources of Growth in a Technologically Progressive Economy

The United States, 1899-1941

ABSTRACT: We develop new aggregate and sectoral Total Factor Productivity (TFP) estimates for the United States between 1899 and 1941 through better coverage of sectors and better-measured labor quality, and find TFP-growth was lower than previously thought, Continue reading “Working Paper: The Sources of Growth in a Technologically Progressive Economy”

Column: Onwards and Upwards

American Productivity Growth during the Great Depression

The Great Depression is considered one of the darkest times for the US economy, but some argue that the US economy experienced strong productivity growth over the period. This column reassesses this performance using improved Continue reading “Column: Onwards and Upwards”

Working Paper: A Vision of the Growth Process in a Technologically Progressive Economy

ABSTRACT: We develop new aggregate and sectoral Total Factor Productivity (TFP) estimates for the United States between 1899 and 1941 through better coverage of sectors and better measured labor quality, and show TFP-growth was lower than previously thought, broadly based across sectors Continue reading “Working Paper: A Vision of the Growth Process in a Technologically Progressive Economy”

Dissertation: The Roaring Thirties

Productivity Growth and Technological Change in Great Britain and the United States during the Early Twentieth Century

ABSTRACT: A recent study in American economic history has shown that the 1930s, though scarred by relentless unemployment, mass migration and profound social and cultural change, were far from gloomy in terms of technological and business innovation. In light of these dynamic productivity developments Continue reading “Dissertation: The Roaring Thirties”

Column: The Roaring Thirties [dutch]

De Lessen van de jaren dertig

De crisis die de wereldeconomie in 2008 trof stond op gelijke voet met datgene wat de Grote Depressie van de jaren dertig inleidde. In de 12 maanden na de economische piek van 2008 daalde de industriële productie net zoveel als gedurende het eerste jaar van de Grote Depressie. De aandelenkoersen en de wereldhandel daalden zelfs meer. Toch lijkt het erop dat een echte depressie deze keer is vermeden. Continue reading “Column: The Roaring Thirties [dutch]”

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