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Research

My major current research is about the causes and consequences of different exchange rate arrangements in Europe, since 1870. Although exchange rates are topical in economics, their long-term impact on growth and convergence is so far largely an uncultivated field. This is now going to change, and a session at the World Economic History Congress in Boston, summer 2018, is devoted to this issue and publications are in the pipeline. However, I began research in economic history with an investigation of shipbuilding, and became involved in Swedish Historical National Accounts with a study of prices. The latter was a prerequisite for the calculation of GDP in constant prices and comparisons over time. Obviously, this is not a straightforward task, and measurement problems in historical contexts have become a kind of common denominator of my research issues: prices and technological change, services and human capital in economic growth, and currently exchange rates.

UKÄ subject classification

  • Economic History

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