Duplication Without Constraints: Álvarez‐Nogal and Chamley's Analysis of Debt Policy Under Philip II

8 Pages Posted: 20 Jul 2016

See all articles by Mauricio Drelichman

Mauricio Drelichman

University of British Columbia (UBC) - Department of Economics; Canadian Institute for Advanced Research (CIFAR)

Hans‐Joachim Voth

University of Zurich

Date Written: August 2016

Abstract

Carlos Álvarez‐Nogal and Christophe Chamley recently published an article in the Economic History Review on ‘Debt policy under constraints: Philip II, the Cortes, and Genoese bankers’. In this note, we show that several claims in their article are very similar to earlier research results, published or circulated long before Álvarez‐Nogal and Chamley’s original submission, by ourselves and other scholars (section I). These results are repeated without attribution or even mention of the earlier work. In addition, we show that what Álvarez‐Nogal and Chamley present as new quantitative insights are actually replications of earlier results of ours (section II). Finally, Álvarez‐Nogal and Chamley misrepresent our contributions, as well as those of several other scholars (section III).

Suggested Citation

Drelichman, Mauricio and Voth, Hans‐Joachim, Duplication Without Constraints: Álvarez‐Nogal and Chamley's Analysis of Debt Policy Under Philip II (August 2016). The Economic History Review, Vol. 69, Issue 3, pp. 999-1006, 2016. Available at SSRN: https://ssrn.com/abstract=2811880 or http://dx.doi.org/10.1111/ehr.12166

Mauricio Drelichman (Contact Author)

University of British Columbia (UBC) - Department of Economics ( email )

997-1873 East Mall
Vancouver, BC V6T 1Z1
Canada

Canadian Institute for Advanced Research (CIFAR) ( email )

180 Dundas Street West, Suite 1400
Toronto, Ontario
Canada

Hans‐Joachim Voth

University of Zurich

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