The term paper for 14.731 is the first research paper in the graduate program in Economics at MIT. Students are asked to choose a topic from the syllabus, class discussion, or their own experience. They then formulate a testable hypothesis, for example, whether a paper on the syllabus can be extended or tested by a new test. The students collect data and perform the tests indicated. Econometrics can be used, but is not required. The readings section contains many papers for comparison that use qualitative data not susceptible to econometric treatment.
What Data Sources are Available?
The paper does not require the use of quantitative information. You may want to use qualitative information. However, some of you may want to do a statistical analysis using micro data. All of you will need to know which published sources are available and where. Therefore read on.
Note that finding primary sources is easiest for the United States. You can find a fair number of primary sources for Britain and somewhat fewer for France. Other countries present even greater difficulties. Keep this in mind in thinking about topics. Students who end up focusing on the 1970s onwards because they cannot find earlier data tend not to do well on the paper.
Machine Readable Data
Hardly any non-US data are available. Most of the US data date from the end of the nineteenth century onwards.
Most publicly available data are stored with ICPSR. To browse their collection, Inter-University Consortium for Political and Social Research.
Available ICPSR data:
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Published census material.
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U.S. Bureau of Labor Statistics consumer expenditure surveys, as well as state Bureau of Labor Statistics surveys (end of nineteenth century, beginning of twentieth).
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U.S. census of manufacturing (nineteenth century).
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Voting data.
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Slave sales, prices, and appraisals.
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Military muster rolls.
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Wills, probate, and tax records (including English).
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Payroll records of selected companies (e.g. Ford).
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Arrests, strikes, and violent activity in France and Britain.
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Aggregate statistics for Europe.
Data archives similar to ICPSR exist in other countries as well. See the Council of European Social Science Data Archives. The History Data Service, part of the Archives at the University of Essex has a particularly rich collection of historical data.
Other data:
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Economic History Services, directly downloadable or an author contact - collection includes Europe and ranges from time series data to various micro datasets such as US surveys of workers.
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Adriana Lleras-Muney's (Princeton University) compulsory US child attendance and labor laws and state charactistics.
Other data can be obtained by directly contacting individuals.
This list will mainly be useful if you are working on the nineteenth century century or later.
Historical newspaper databases include Proquest's New York Times Historical Archives and Historical Wall Street Journal and are accessible from the libraries web page.
Note that MIT keeps older material, including published census volumes, in its Retrospective Collection (RSC). Primary sources are also available at Harvard's Widener, Littauer (federal and state government reports), Lamont (census volumes), Guttman (education volumes), and Baker (business history) libraries. Most Littauer volumes will not show up on the online catalogue. The Boston Public Library contains Massachusetts state reports.
Three volumes that you should be familiar with are:
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U.S. Bureau of the Census. Historical Statistics of the United States, Colonial Times to 1970. Washington: U.S. Dept. of Commerce, Bureau of the Census, U.S. Government Printing Office, 1975.
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Mitchell, B. R. British Historical Statistics. Cambridge: Cambridge University Press, 1988. ISBN: 0521330084.
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Mitchell, B. R. European Historical Statistics. London: Macmillan, 1975. ISBN: 0333120582.
Other sources you might find useful are:
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Board of Governors of the Federal Reserve System. Banking and Monetary Statistics. Washington, DC: Board of Governors of the Federal Reserve System, 1943.
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Capie, Forrest and Michael Collins. The Inter-war British Economy: A Statistical Abstract. Dover, NH: Manchester University Press, 1983. ISBN: 0719009014.
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Capie, F. and A. Weber. A Monetary History of the United Kingdom, 1870-1982, Volume 1, Data, Sources, and Methods. Boston: Allen & Unwin, 1985. ISBN: 004332097X.
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Feinstein, C. National Income, Expenditure, and Output of the United Kingdom. 1855-1965. Cambridge: Cambridge University Press, 1972. ISBN: 0521072301.
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Friedman, M. and A. Schwartz. Monetary Trends in the United States and United Kingdom. Chicago: University of Chicago Press, 1982. ISBN: 0226264092.
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Goldsmith, Raymond W. Comparative National Balance Sheets: A Study of Twenty Countries, 1688-1978. Chicago: University of Chicago Press, 1985. ISBN: 0226301532.
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Kuznets, S. S. 1966. Capital in the American Economy: Its Formation and Financing. Princeton, NJ: Princeton University Press, 1961.
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American Philosophical Society. Population Redistribution and Economic Growth, United States, 1870-1950: Methodological Considerations and Reference Tables. Philadelphia: The Society, 1957.
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Levy-Leboyer, Maurice et Bourguinon, Franois. 1985. L'économie française au XIXe siècle. Analyse macro-économique. Paris: Economica, 1985. (also available in English).
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Marchand O. et C. Thelot. 1991. Deux Siècles de travail en France, 1800-2000. Paris: Nathan, 1997. ISBN: 209190435X.
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Matthews, R. C. O., C. H. Feinstein, and J. C. Odling-Smee. British Economic Growth, 1856-1973. Stanford, CA: Stanford University Press, 1982. ISBN: 0804711100.
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Urquhart, M. C. and K. A. H. Buckley. The Historical Statistics of Canada. Cambridge: Cambridge University Press, 1965.
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Collver, Clinton. Industrial Securities. New York: Moody's Investers Service, 1919.
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Conference on Research in Income and Wealth. Trends in the American Economy in the Nineteenth Century. Princeton, NJ: Princeton University Press, 1960.
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Office du Travail. Ministere du Commèrce, de l'Industrie des Postes et des Telegraphes. Salaires et duree du travail dans l'industrie française. Paris: Imprimerie nationale, 1893-97. (4 volumes)
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Censuses of population and statistical yearbooks.
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Assorted reports from government agencies.
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Price series that can be obtained from private sources such as railroad freight rates and Montgomery Ward's catalogues.