In this paper we investigate the relation between population, real wages and urbanization in the Italian economy during the period 1320-1870. In this period the prevailing conditions were those of a poor, mainly agricultural economy with limited human capital and rudimentary technology. However,...

In this paper we investigate the relation between population, wages and urban population in the Italian economy. During the period examined, 1320 - 1870, the prevailing conditions were those of a poor, mainly agricultural economy with limited human capital and rudimentary technology. However,...

The Reformation provided a powerful source of legitimacy for secularization of governance and enabled the regional authorities to change the institutional structure to eliminate the inefficiencies under the prevailing (Catholic) regime. We investigate this idea in a simple model of regime change...

We analyze investment decisions when information is costly, with and without delegation to an agent. We use a rational-inattention model and compare it with a canonical signal-extraction model. We identify three "investment conditions". In "sour" conditions, no information is acquired and no...

This paper examines the relationship between income and witch trials in early modern Europe. We start by using climate data to proxy for income levels. This builds on previous work by exploiting a far richer panel dataset covering 356 regions and 260 years, including both seasonal temperature...

This introduction sketches out what relevance wood and wood products have had in Europe's industrial societies. It also summarizes some peculiarities of the wood-based businesses caused by both the materiality of wood and the ecologies of forests. Most importantly, the introduction...

The thesis sustained in this essay is that – while it is true that there were some crises, problems and blockages, and that development was by no means the same across all regions, sub-sectors and periods – Portuguese agriculture actually performed quite well in the 18th century, even when...

Enclosures enforced private property rights at the onset of industrialization, yet numerous estimations of the enclosures' effects on production and productivity rely on non-experimental designs. We estimate the causal effects of enclosure reforms applying state- of-the-art...

In this paper we investigate the relation between population, wages and urban population in the Italian economy. During the period examined, 1320-1870, the prevailing conditions were those of a poor, mainly agricultural economy with limited human capital and rudimentary technology. However,...

In the period between 1300 and 1800 as many as one million people were executed in Europe for the crime of witchcraft. Although a variety of theories about the witch-hunts have been put forward over time, little has been said about the possibility that the witch-hunts were motivated by a desire...