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We construct a Dynamic Stochastic General Equilibrium model of the interaction between demography and the economy for six centuries of English history. At the core of the four overlapping generations, rational expectations model is household choice about target number and quality of children, as...
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Part One. The Erosion of Obstacles -- 1.Barriers and Push Forces -- 2. Military and Ecclesiastical Buildings -- 3. Dissolution of the Monasteries -- 4. Civil War -- 5. Communal Farming and Under-used Land -- 6. Tithes -- 7. Archaic Institutions -- 8. Obstructive Infrastructure -- 9....
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This paper proposes a novel strategy for identifying the effects of import competition on economic outcomes that avoids standard concerns related to the endogeneity of trade policy and provides a consistent measure of exposure to trade over time. Conditioning on the level of import tariffs, our...
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This paper provides an analysis of the impact of extraordinary climate shocks on the incidence of civil conflict using cross-country panel data from Africa and the Middle East (1981 to 2015). We find that: (i) The estimated impact of climate shocks (mainly temperature effect) on economic growth...
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