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In a model on population and endogenous technological change, Kremer combines a short-run Malthusian scenario where income determines the population that can be sustained, with the Boserupian insight that greater population spurs technological change and can therefore lift a country out of its...
Persistent link: https://www.econbiz.de/10005596829
Bedevilling the ongoing debate about changes in real-incomes in late-medieval western Europe, especially during the so-called 'Golden Age of the Labourer', is the very troubling issue of 'wage-stickiness'. The standard and long-traditional explanation for this supposed 'Golden Age' of rising...
Persistent link: https://www.econbiz.de/10005827210
One of the most common myths in European economic history, and indeed in Economics itself, is that the Black Death of 1347-48, followed by other waves of bubonic plague, led to an abrupt rise in real wages, for both agricultural labourers and urban artisans – one that led to the so-called...
Persistent link: https://www.econbiz.de/10005827233
The traditional and almost universal method of expressing real wages is by index numbers, according to the formula: RWI = NWI/CPI: i.e., the real wage is the quotient of the nominal (money) wage index divided by the consumer price index, all employing a common base period (here: 1451-75 = 100)....
Persistent link: https://www.econbiz.de/10005827239
This comparative study of money, coinages, prices, and wages in southern England and the southern Low Countries had its origins in a series of appendices and footnotes for the first twelve volumes of the Correspondence of Erasmus (1484-1527), part of the Collected Works of Erasmus, which the...
Persistent link: https://www.econbiz.de/10005827250
This paper re-examines the classic demographic or 'real' model, essentially based on a Malthusian-Ricardian model, that the late Michael Postan (Cambridge) utilized to explain the behaviour of the later-medieval western European economy, and in particular the behaviour of price movements. In...
Persistent link: https://www.econbiz.de/10005827262
Household economies of scale arise when households with multiple members share public goods, making larger households better off at lower per capita expenditures. While estimates of household economies of scale are critical for measuring income and living standards, we do not know how these...
Persistent link: https://www.econbiz.de/10005829671
Our study, as we intend it, upon the vulnerability when confronted with death and death rate is structured as a research which is closed to classical historical demography but without neglecting the particularities and individualities of this phenomenon. We are interested both in the general...
Persistent link: https://www.econbiz.de/10011259125
English fertility history is generally regarded as having been composed of two re-gimes: an era of unregulated marital fertility, from at least 1540 to 1890, then the modern era, with regulated marital fertility, lower for higher social classes. We show there were in fact three fertility regimes...
Persistent link: https://www.econbiz.de/10008678285
Progress in closing differences in many objective outcomes for blacks relative to whites has slowed, and even worsened, over the past three decades. However, over this period the racial gap in well-being has shrunk. In the early 1970s data revealed much lower levels of subjective well-being...
Persistent link: https://www.econbiz.de/10010796644