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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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"This study brings a new perspective to a pivotal debate: the causes of the English Revolution. It pinpoints the economic motives behind the opposition to the crown, and shows their connection to the changing mind-set and political transitions of the time. Distinctively, it identifies the...
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