Timothy J. Hatton

Timothy J. Hatton is Professor of Economics at the Australian National University and the University of Essex. He is the co-author (with Jeffrey Williamson) of Global Migration and the World Economy.

  • The New Comparative Economic History

    The New Comparative Economic History

    Essays in Honor of Jeffrey G. Williamson

    Timothy J. Hatton, Kevin H O'Rourke, and Alan M Taylor

    Essays by internationally prominent economists examine long run cross-country economic trends from the perspective of New Comparative Economic History, an approach pioneered by Harvard economist Jeffrey G. Williamson.

    The innovative approach to economic history known as the New Comparative Economic History represents a distinct change in the way that many economic historians view their role, do their work, and interact with the broader economics profession. The New Comparative Economic History reflects a belief that economic processes can best be understood by systematically comparing experiences across time, regions, and, above all, countries. It is motivated by current questions that are not nation specific—the sources of economic growth, the importance of institutions, and the impact of globalization—and focuses on long-run trends rather than short-run ups and downs in economic activity. The essays in this volume offer a New Economic Comparative History perspective on a range of topics and are written in honor of Jeffrey G. Williamson, the most distinguished and influential scholar in the field.

    The contributors, prominent American and European economists, consider such topics as migration, education, and wage convergence; democracy and protectionism in the nineteenth century; trade and immigration policies in labor-scarce economies; and the effect of institutions on European productivity and jobs.

    • Hardcover $9.75
    • Paperback $35.00
  • Global Migration and the World Economy

    Global Migration and the World Economy

    Two Centuries of Policy and Performance

    Timothy J. Hatton and Jeffrey G. Williamson

    World mass migration began in the early nineteenth century, when advances in transportation technology and industrial revolutions at home enabled increasing numbers of people to set off for other parts of the globe in search of a better life. Two centuries later, there is no distant African, Asian, or Latin American village that is not within reach of some high-wage OECD labor market. This book is the first comprehensive economic assessment of world mass migration taking a long-run historical perspective, including north-north, south-south, and south-north migrations. Timothy Hatton and Jeffrey Williamson, both economists and economic historians, consider two centuries of global mobility, assessing its impact on the migrants themselves as well as on the sending and receiving countries.

    Global Migration and the World Economy covers two great migration waves: the first, from the 1820s to the beginning of World War I, when immigration was largely unrestricted; the second, beginning in 1950, when mass migration continued to grow despite policy restrictions. The book also explores the period between these two global centuries when world migration shrank sharply because of two world wars, immigration quotas, and the Great Depression. The authors assess the economic performance of these world migrations, the policy reactions to deal with them, and the political economy that connected one with the other. The last third of Global Migration and the World Economy focuses on modern experience and shows how contemporary debates about migration performance and policy can be informed by a comprehensive historical perspective.

    • Hardcover $50.00
    • Paperback $20.00