Showing 1 - 3 of 3
We claim that the exogenous decline of adult mortality at the end of the seventeenth century can be one of the causes driving both the decline of interest rate and the increase in agricultural production per acre in preindustrial England. Following the intuition of the life-cycle hypothesis, we...
Persistent link: https://www.econbiz.de/10005767689
This paper shows that the interaction between economic and demographic variables in England before the onset of modern economic growth did not fit some crucial assumptions of the Malthusian model. I estimated a vector autoregression for data on fertility, nuptiality, mortality and real wages...
Persistent link: https://www.econbiz.de/10005249518
The study of monetary phenomena and the understanding of price determination in Modern Europe are too often limited by the scarcity of good-quality data sets on the evolution across time of variables like money holdings, income, or wealth. In this paper we show that the information contained in...
Persistent link: https://www.econbiz.de/10005190124