This paper analyzes the role of income distribution in macroeconomic analysis. The study demonstrates that the long-run equilibrium depends on the initial distribution of income. In accordance with empirical evidence concerning the correlation between income distribution and output, an economy...

This research advances the hypothesis that resource abundant economies characterized by a socially cohesive workforce and network externalities triggered the emergence of efficiency-enhancing inclusive institutions designed to restrict mobility and to enhance the attachment of community members...

This paper applies insights from theoretical and empirical research in economic growth to analyze the impacts of policies affecting fertility, migration and human capital accumulation on growth and poverty alleviation. It underlines the tradeoff between having more children and investing more...

This paper uses linked apprenticeship-family reconstitution records to explore the influence of family structure on human capital formation in preindustrial England. We observe a small but significant relationship between birth order,resources and human capital investments. Eldest sons were less...

Theories of economic growth hypothesize that the transition from pre-industrial stagnation to sustained growth is associated with a post-Malthusian phase in which technological progress raises income and spurs population growth while offsetting diminishing returns to labour. Evidence suggests...

We question the received wisdom that birth limitation was absent among historical populations before the fertility transition of the late nineteenth-century. Using duration and panel models on family-level data, we find a causal, negative short-run effect of living standards on birth spacing in...