The Glorious Revolution and Access to Parliament
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Published:2023-08-31
Issue:3
Volume:83
Page:676-708
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ISSN:0022-0507
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Container-title:The Journal of Economic History
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language:en
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Short-container-title:J. Econ. Hist.
Abstract
This paper shows that the Glorious Revolution of 1688 broadened access to Parliament for families needing rights to sell land in so-called estate bills. Bills were on average 14–27 percentage points more likely to be for gentry families and not aristocratic families in legislative sessions after the Revolution compared to sessions before. Regression and archival evidence suggest that parliamentary certainty was primarily responsible for improved access by altering families’ entry calculus and brokers’ recruitment of new business. More broadly, the paper provides insight into the ways in which political institutions affect access to and the provision of property rights.
Publisher
Cambridge University Press (CUP)
Subject
Economics, Econometrics and Finance (miscellaneous),Economics and Econometrics,History
Cited by
1 articles.
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