Trends in living standards during the Industrial Revolution is a core debate in economic history. Studies using anthropometric records from institutional sources have found downward trends in living standards during the first half of the nineteenth century. This paper contributes to this...

The European Marriage Pattern (EMP), in place in NW Europe for perhaps 500 years, substantially limited fertility. But how could such limitation persist when some individuals who deviated from the EMP norm had more children? If their children inherited their deviant behaviors, their descendants...

Trends in living standards during the Industrial Revolution is a core debate in economic history. Studies using anthropometric records from institutional sources have found downward trends in living standards during the first half of the nineteenth century. This paper contributes to this...

Revisionist estimates of growth rates during the British industrial revolution, though largely successful in presenting a more modest picture of Britain's 'take-off' prior to the 1830s, have also posed fresh analytical difficulties for champions of the new economic history. If 18th-century...

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...

This paper explores the actions of the Bank of England and the Banque de France in promoting international economic stability during the mid-nineteenth century. The evidence presented below indicates that the Bank of England acted in concert with the Bank of France, through France's reliance on...

In the 18th century Britain frequently issued lottery loans, selling bonds whose size was determined by a draw soon after the sale. The probability distribution was perfectly known ex-ante and highly skewed. After the draw the bonds were identical (except for size) and indistinguishable from...

This paper studies the development of the practice of central banking in the early 19th century by engaging in a detailed analysis of the Bank of England's changing policies with respect to its discounts and lending to the private sector. To set the scene, the practices that characterized the...

This paper tests for speculative bubbles in the medieval English property market based on a unique hand-collected dataset from the feet of fines spanning the fourteenth and fifteenth centuries. We focus on asset types where there are sufficiently large numbers of transactions each year to make a...

This paper re-examines the late medieval market in freehold land, the extent to which it was governed by market forces as opposed to political or social constraints, and how this contributed to the commercialisation of the late medieval English economy. We employ a valuable new resource for...