The impact of real wage and mortality fluctuations on fertility and nuptiality in precensus England
AbstractThis paper explores the responses of fertility and nuptiality to fluctuations in real wages and mortality that can be inferred from annual series of English historical data over the period 1542 to 1800. The paper begins with a review of the time series properties of the data and summarizes the long-term equilibrium relationships identified in previous work. A Vector Error Correction Mechanism (VECM) is then proposed to study the observed short-term fluctuations in a way that is compatible with long-term equilibria. Following estimation of the parameters of the VECM, an investigation is made of the impact of shocks to real wages and mortality on demographic variables as measured by generalized impulse responses and persistence profiles.
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Bibliographic InfoArticle provided by Springer in its journal Journal of Population Economics.
Volume (Year): 11 (1998)
Issue (Month): 3 ()
Note: Received: 24 September 1997 / Accepted: 12 December 1997
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Find related papers by JEL classification:
- C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
- J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
- N43 - Economic History - - Government, War, Law, International Relations, and Regulation - - - Europe: Pre-1913
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- Francisco Climent Diranzo & Robert Meneu Gaya, . "Relaciones de equilibrio entre demografía y crecimiento económico en España," Studies on the Spanish Economy 163, FEDEA.
- George Hondroyiannis, 2009.
"Fertility Determinants and Economic Uncertainty:An Assessment Using European Panel Data,"
96, Bank of Greece.
- George Hondroyiannis, 2010. "Fertility Determinants and Economic Uncertainty: An Assessment Using European Panel Data," Journal of Family and Economic Issues, Springer, vol. 31(1), pages 33-50, March.
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