Botticini, Maristella - Society for Economic Dynamics - SED - 2004
examine the effects of demographic shocks and changes in social norms on marriage markets and inter-generational transfers …. Demographic shocks, such as the Black Death of 1348 that reduced labor supply and increased the return to human capital, and a new … household wealth among a smaller number of children. "Demographic Shocks and the Returns to Human Capital" An alternative …