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Credit for the poor: the decline of pawnbroking 1880–1930
Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economic History.
2016 (English)In: European Review of Economic History, ISSN 1361-4916, E-ISSN 1474-0044, Vol. 20, no 2, 198-214 p.Article in journal (Refereed) Published
Abstract [en]

This article is an attempt to explain the decline in pawnbroking over the late nineteenth-century and early twentieth-century Europe, using detailed evidence from Karlskrona in Sweden, 1880–1930. I find that the decline is largely due to changes in demand for pawning, notably improved labor market conditions as reflected in rising real wages and employment opportunities. Instead, there is no evidence for an effect of changes in regulation, the availability of other sources of credit, or the expansion of the welfare system.

Place, publisher, year, edition, pages
2016. Vol. 20, no 2, 198-214 p.
Keyword [en]
pawnbroking, credit markets, history, working class
National Category
Economic History
Research subject
Economic History
Identifiers
URN: urn:nbn:se:uu:diva-266932DOI: 10.1093/ereh/hev021ISI: 000377469300004OAI: oai:DiVA.org:uu-266932DiVA: diva2:871265
Projects
Gamla krediter. Pantbelåningens utveckling i Sverige i relation till utvecklingen av andra kreditsystem, regleringar och välfärdsstatens uppkomst 1850-1950
Funder
Swedish Research Council, 2009-1423The Jan Wallander and Tom Hedelius Foundation, P2009-0077:1
Available from: 2015-11-13 Created: 2015-11-13 Last updated: 2017-12-01Bibliographically approved

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