The Royal Economic Society Prize

The 2017 Royal Economic Society prize for best paper in the Economic Journal has been awarded to Robert Warren Anderson, Noel Johnson and Mark Koyama for their paper Jewish Persecutions and Weather Shocks 1100-1800 (non-gated). Noel and Mark are colleagues at George Mason and Robert is a former GMU student. Here’s the abstract:

What factors caused the persecution of minorities in pre‐modern Europe? Using panel data consisting of 1,366 persecutions of Jews from 936 European cities between 1100 and 1800, we test whether persecutions were more likely following colder growing seasons. A one standard deviation decrease in growing season temperature in the previous five‐year period increased the probability of a persecution by between 1 and 1.5 percentage points (relative to a baseline of 2%). This effect was strongest in weak states and with poor quality soil. The long‐run decline in persecutions was partly attributable to greater market integration and state capacity.

The RES is correct, this is an excellent paper with a great combination of theory and original data.

The award is another indication of the stellar quality of GMU’s economics department.


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