PSE will host a Workshop in Monetary and Financial History on December 3rd, 2019. The workshop will be opened by a keynote speech by Gary Gorton (Yale), who will present his recent paper “1930: First Modern Crisis”.
Venue : PSE – Paris School of Economics, 48 boulevard Jourdan, 75014 Paris
Room R2-21
Monday, June 29, 2020 to Tuesday, June 30, 2020
Meeting Venue: Paris
Full papers or extended abstracts (3 – 5 pages) by Monday 16 December 2019
The recent global financial crisis has sparked renewed interest in the interwar financial and banking crises, particularly those associated with the Great Depression of the 1930s. This new wave of research has been supported by an unprecedented increase in the digitisation of monetary and financial statistics as well as data on local economic activity and businesses. The digitisation of newspapers, central bank and parliamentary reports in several countries improves access to archival sources, opening new perspectives on the political economy of these crises.
Remarkable progress has been made in our understanding of domestic or international financial contagion (through interbank networks), as well as the real effects of banking crises. However, this new wave of research has remained little comparative, and most of the work has focused on the contagion and consequences of the 1930-1931 banking troubles.
The first objective of this conference is to be truly comparative by bringing together researchers working on numerous different countries. The second is to extend the scope of the analysis by considering the entire period between the two world wars. We are very interested in articles that attempt to explain the financial vulnerabilities of the early 1930s by examining the accumulation of risk (and the first financial crises) that started in the aftermath of the First World War. Third, the conference aims to examine the entire financial system, investigating the relationships between stock markets, banks and non-bank financial institutions (including public financial entities). Fourth, we also welcome papers that study how financial and banking systems were fixed in countries exiting crises.
EURHISFIRM Work Package 3.1 – Intellectual Property Related Issues
Progress as of 15./16. March 2019 – EURHISFIRM Meeting Wroclaw
The task of WP 3.1 is to identify relevant ownership and property rights in the context of the database project. This firstly includes an examination of potential rights persisting in the source materials which are to be used for the creation of the EURHISFIRM database. Secondly WP 3.1 will take a look at ownership rights in regard to the research outcome, i.e. mainly ownership and property rights in the final EURHISFIRM database. In terms of relevant legal areas unfair competition law might be of relevance, besides the obviously important intellectual property law. The objective of WP 3.1 is to propose policies for the handling of the identified issues to ensure compliance with the relevant legal rules.
The main challenges for WP 3.1 are the great variety of sources that might be used for the creation of the database and the fact that the project covers seven different countries and thus seven different jurisdictions. The variety of sources is challenging because a number of different intellectual property rights have to be considered. This is exacerbated by the diversity of the sources and their potential uses. Besides the copyright directives of the European Union the seven countries do not have any relevant common statutes. It is therefore challenging to rely on regulation for the identification and examination of potential issues with ownership and property rights.
To this point a preliminary flowchart for issues with intellectual property rights has been produced:
While no flowchart can provide an in-depth legal analysis, the presented preliminary chart may serve as a first look at potential policies for the processing of the source materials, i.e. of a corpus of materials. A more detailed analysis of the respective legal issues which are only indicated (if at all) in the flowchart will be provided in the final WP 3.1 report.
Furthermore a legal expertise in respect to the utilization of the “Handbuch der deutschen Aktiengesellschaften” in the German copyright context has been produced. This is of particular value since this handbook is one of the key sources for data on German stock corporations.
Apart from that relevant intellectual property rights have been preliminary identified. The most important ones are copyrights in literary works, database works and the sui generis rights of makers of databases. The subject matter of those rights are texts and the presentation of graphical illustration (literary works) and databases in the sense of the Database Directive[1]. In particular company yearbooks or stock exchange lists might be subject to a copyright or related rights protection.
In addition some national rights have been identified that also might be of relevance in the EURHISFIRM context, namely related rights in photographs and similarly manufactured products under German and copyrights in typographical arrangements under British copyright law.
The relevant act in respect to intellectual property law is the digitization of the source materials. In this process the source materials are inevitably reproduced (even if it is just for a brief moment in a computer RAM). Copyrights and related rights do however grant their holders the exclusive right to reproduce the protected subject matter. Besides the reproduction the right holders also have the exclusive right to make the protected subject matter available to the public. Thus generally a license of the right holder is necessary to process the data or to include protected subject matter in the final database.
It is key not only to identify the relevant copyrights and related rights that protect the source materials but also to take a look at whether or not some of the potential utilizations in the EURHISFIRM context fall into the scope of exceptions or limitations to copyright. If they would, a license would not be necessary. While there is barely any harmonization in this respect the new Digital Single Market Directive[2] (which is yet to be implemented in the national copyright laws) might be of interest in the context of the project, since it provides exceptions for text and data mining for scientific research.
In terms of unfair competition law the question is whether the digitization and further use of existing publications (which serve as source materials for the creation of the database) constitute an act of unfair competition vis-à-vis other publishers who already market the same or similar content. Due to basically no relevant harmonization in the field of unfair competition law on the EU level the examination of unfair competition issues is even more challenging than that of the IP related issues.
Nonetheless a solid groundwork for WP 3.1 has been established and can serve as the foundation for the final report. This report will identify and examine potential issues with ownership or property rights in depth and lay out policies to deal with them.
[1] Directive 96/9/EC of the European Parliament and of the Council of 11 March 1996 on the legal Protection of Databases, OJ L 77/20, 27.3.1996.
[2] Directive (EU) 2019/790 of the European Parliament and of the Council of 17 April 2019 on Copyright and related Rights in the digital single Market and amending Directives 96/9/EC and 2001/29/EC, OJ L 130/92, 17.5.2019.
Read more: http://www.wehc2021.org
Clichés persist, which is why we are sometimes still faced with the question: Are French businesses adapted to the economic, ecological, technological or social challenges of global capitalism? Are they modern? It is true that a powerful state, imposing publicly owned companies, the specific methods of regulating the consumer market, a world of work concerned with its achievements, as well as what could be described as a special relationship with innovation, risk, funding or new technologies have left a lasting mark on France.
This has yet to be analysed. Does that explain why France, its businesses, its organisations – in short, French capitalism – often seem to be ignored in recent research and publications on the history of businesses and global capitalism? In other words, in order to take stock of the history of businesses in France is it not logical to assess France’s place in the history of capitalism? Answering these questions is the objective that has been set for the 2019 Paris International Congress of French Business History.
Read more: https://businesshistory.sciencesconf.org
The thirteenth European Historical Economics Society Conference will be held at the Paris School of Economics, Thursday – Saturday, 29 – 31. August 2019.
The Conference Program Committee invites proposals for sessions and individual papers on any aspect of European or global economic history covering a wide range of periods, countries and regions.
In order to allow as many scholars as possible to participate, each participant will be limited to give only one presentation (he/she can also be a co-author in other papers presented at the conference, as long as another co-author participates and presents each of these paper).
Read more: https://ehes2019.sciencesconf.org
Organised by the French Association for History of Management and Organizations (AHMO) and the Institute for Education and Research in Healthcare and Social Service Organizations (IFROSS, University Jean Moulin Lyon 3), with the collaboration of the Centre for Historical Research Rhône-Alpes (LARHRA, UMR 5190) and Triangle (UMR 5206).
The Colloquium in History of Management and Organizations (JHMO) is the annual, international and interdisciplinary colloquium organised by the French Association for History of Management and Organizations (AHMO). It gathers scholars in history, management studies, sociology, economics and other related fields, who share the historical approach of AHMO research topics: organisations, managerial thought and practice, and the field of management studies.
As in previous years, the 25th JHMO is divided in two sessions. The general session is open to any papers dealing with managerial matters using historical methods. The thematic session focuses on “paths and networks”.
Read more: https://jhmo2020.sciencesconf.org
The University of Antwerp is responsible for Work Package 4 which builds up expertise regarding existing datasets and historical printed serial sources on publicly traded companies from 1815 and on data documentation standards.
WP 4 compiled an inventory (D4.2) of the principal official publications of company information, stock exchange price lists and yearbooks with summary governance and financial information on publicly traded companies for each of the participating countries, as well as existing datasets for financial history. The inventory also provides a summary description of their contents. Another report on data and sources semantics (D4.3) contextualises the categories of information commonly found in stock exchange yearbooks and price lists. It does so by providing clear definitions and a detailed, historical overview of legislation, regulation and customs in the fields of company identification, corporate governance, securities trading and financial reporting. The output of WP 4 also includes two reports on metadata standards (D4.1 and D4.5). Metadata is defined by the International Organisation for Standardisation (ISO) as “data that defines and describes other data” or, simply, “data about data”. The metadata standards from the Data Documentation Alliance (DDI) will be used in EURHISFIRM for describing the provenance, characteristics, structure and contents of datasets and printed sources in a structured and uniform manner. A selection of stock exchange price lists and yearbooks were documented according to the DDI standards with the Colectica software (D4.4). Other Work Packages will draw on this output for the elaboration of a common metadata model (Work Package 5), data connecting and matching technologies (Work Package 6) and a system for automated data extraction (Work Package 7).
The General Assembly was held at the Wrocław University of Economics, Friday – Saturday, 15 – 16. March 2019.
During the meeting, the activity of individual teams was summarized and plans for the future were presented. Each WP Team has presented its achievements. There was also the Project Advisory Board annual meeting.
The external guests participated the meeting (experts in fields relevant to the EURHISFIRM project) came from Portugal, Finland, Switzerland, Sweden, Norway, Germany and France.
The related report for the General Assembly is available here.
The meeting was accompanied by media. The head of WP2 Team, Prof. Krzysztof Jajuga, in interview for TVP Wrocław was talking about EURHISFIRM Project as whole.
The thirteenth European Historical Economics Society Conference will be held at the Paris School of Economics, Thursday – Saturday, 29 – 31. August 2019.
The Conference Programme Committee invites proposals for sessions and individual papers on any aspect of European or global economic history covering a wide range of periods, countries and regions.
In order to allow as many scholars as possible to participate, each participant will be limited to give only one presentation (he/she can also be a co-author in other papers presented at the conference, as long as another co-author participates and presents each of these paper).
The Society encourages submissions from young scholars. There will be at least 10 bursaries of € 300-400 each to help PhD students cover the costs of travel and accommodation. Further details will be available soon on the Conference website: https://ehes2019.sciencesconf.org/
