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DEEP Macro Workshop

The DEEP organizes a workshop covering a wide array of Macro topics, including growth, business cycles, monetary models, equilibrium asset pricing, labor markets, macro-econometrics, …

Presentations are 1h15, including questions from the audience. The workshop is open to external and internal speakers. 

Send an email to Fang.Liu.2@unil.ch for further information.

RAGE AGAINST THE MACHINES: LABOR-SAVING TECHNOLOGY AND UNREST IN ENGLAND, 1830-32*

Bruno Caprettini (University of Zurich)

25 avril 2017  -  12:15-13:30, salle Extranef 109

Host(s): Dominic Rohner

 

Can the adoption of labor-saving technology lead to social instability and unrest? We examine a canonical historical case, the so-called ̳Captain Swing‘ riots in 1830s Britain. Variously attributed to the adverse consequences of weather shocks, the shortcomings of the Poor Law, or the after-effects of enclosure, we emphasize the importance of a new technology – the threshing machine. Invented in the 1780s, it spread during and after the Napoleonic Wars. Using farm advertisements from newspapers published in 66 English and Welsh towns, we compile a new measure of the technology‘s diffusion. Parishes with ads for threshing machines had much higher riot probabilities in 1830 – and the relationship was even stronger for machine- breaking attacks. Threshing machines were mainly useful in wheat-growing areas. To establish a causal role for labor-saving technology, we instrument technology adoption with the FAO measure of soil suitability for wheat, and show that this in turn predicts unrest. 

Liste des prochaines séances

9 mai 2017 Fang Liu (UNIL)
12:15-13:30, salle Extranef 109

click here [↓] to go to the attached pdf
23 mai 2017 Francesco Pappadà (Banque de France)
Host(s): Kenza Benhima
12:15-13:30, salle Extranef 109

click here [↓] to go to the attached pdf
6 juin 2017 Rahul Mukherjee (IHEID)
Host(s): Kenza Benhima
12:15-13:30, salle Extranef 109

click here [↓] to go to the attached pdf
20 juin 2017 Jordan Roulleau-Pasdeloup (UNIL)
12:15-13:30, salle Extranef 109

click here [↓] to go to the attached pdf
>> Liste des séances précédentes
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