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Unified Growth Theory postulates a transition from a Malthusian to a post-Malthusian era and finally to modern economic growth. Previous studies have been able to date the end of the post-Malthusian era, but none have conclusively established the timing of the end of the Malthusian era and thus...
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We analyze Malthus' (1798) model when labor demand shifts persistently. The Malthusian ideas are formalized and derived in terms of stationarity and cointegration, and the implied restrictions are tested against English pre-industrial data 1560-1760. The evidence suggests a negligible marginal...
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