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Economic Fluctuations in the United Kingdom, 1750-1938

Lennard, Jason LU (2018)
Abstract
This dissertation investigates the causes of economic fluctuations in the United Kingdom between the Industrial Revolution and the Second World War. The first part of the dissertation studies the micro origins of fluctuations by focusing on regional variation and its aggregate implications. Chapter 1 constructs estimates of the money supply in Ireland between 1840 and 1921. Chapter 2 develops annual estimates of real gross domestic product in Ireland between 1842 and 1913 using an original econometric methodology. The second part of the dissertation studies the macro origins of fluctuations using the narrative record to identify the causal effect of macroeconomic shocks. Chapter 3 examines how monetary policy affected the economy during... (More)
This dissertation investigates the causes of economic fluctuations in the United Kingdom between the Industrial Revolution and the Second World War. The first part of the dissertation studies the micro origins of fluctuations by focusing on regional variation and its aggregate implications. Chapter 1 constructs estimates of the money supply in Ireland between 1840 and 1921. Chapter 2 develops annual estimates of real gross domestic product in Ireland between 1842 and 1913 using an original econometric methodology. The second part of the dissertation studies the macro origins of fluctuations using the narrative record to identify the causal effect of macroeconomic shocks. Chapter 3 examines how monetary policy affected the economy during the classical gold standard. Chapter 4 analyses the impact of economic policy uncertainty in the interwar period. Chapter 5 measures the macroeconomic effects of banking crises between 1750 and 1938. (Less)
Please use this url to cite or link to this publication:
author
supervisor
opponent
  • Associate Professor Esteves, Rui, Oxford University
organization
publishing date
type
Thesis
publication status
published
subject
keywords
Banking crises, Business cycles, GDP, Monetary policy, Money supply, Narrative approach, Uncertainty
pages
222 pages
publisher
Media-Tryck, Lund University, Sweden
defense location
Holger Crafoord Centre EC2:101
defense date
2018-06-01 14:15:00
ISBN
978-91-87793-46-2
language
English
LU publication?
yes
id
62bd6b25-7662-46d5-9b2c-bbf4d3439364
date added to LUP
2018-05-05 11:45:35
date last changed
2025-04-04 14:31:36
@phdthesis{62bd6b25-7662-46d5-9b2c-bbf4d3439364,
  abstract     = {{This dissertation investigates the causes of economic fluctuations in the United Kingdom between the Industrial Revolution and the Second World War. The first part of the dissertation studies the micro origins of fluctuations by focusing on regional variation and its aggregate implications. Chapter 1 constructs estimates of the money supply in Ireland between 1840 and 1921. Chapter 2 develops annual estimates of real gross domestic product in Ireland between 1842 and 1913 using an original econometric methodology. The second part of the dissertation studies the macro origins of fluctuations using the narrative record to identify the causal effect of macroeconomic shocks. Chapter 3 examines how monetary policy affected the economy during the classical gold standard. Chapter 4 analyses the impact of economic policy uncertainty in the interwar period. Chapter 5 measures the macroeconomic effects of banking crises between 1750 and 1938.}},
  author       = {{Lennard, Jason}},
  isbn         = {{978-91-87793-46-2}},
  keywords     = {{Banking crises; Business cycles; GDP; Monetary policy; Money supply; Narrative approach; Uncertainty}},
  language     = {{eng}},
  month        = {{05}},
  publisher    = {{Media-Tryck, Lund University, Sweden}},
  school       = {{Lund University}},
  title        = {{Economic Fluctuations in the United Kingdom, 1750-1938}},
  url          = {{https://lup.lub.lu.se/search/files/42651937/Lennard_Economic_Fluctuations_in_the_United_Kingdom_1750_1938_2018_.PDF}},
  year         = {{2018}},
}