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Research linking food prices and excess mortality has a long history in applied economics and economic history. It goes back to 1766, when Jean-Baptiste de la Michodière was the first to use empirical data to argue for a positive association between wheat prices and mortality. Here La...
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How markets perform during famines has long been a contentious issue. Recent research tends to associate famine with market segmentation and hoarding. The evidence of this paper, based on an analysis of the spatial and temporal patterns of price movements during four famines in preindustrial...
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