Malthusian Dynamism and the Rise of Europe: Make War, Not Love
This paper argues that Malthusian regimes are capable of sustained changes in per capita incomes. Shifting mortality and fertility schedules can lead to different steady-state income levels, with long periods of growth during the transition. Europe checked the downward pressure on wages through late marriage, which reduced fertility, and a mortality regime that combined high death rates with high incomes. We argue that both emerged as a result of the Black Death.
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Volume (Year): 99 (2009)
Issue (Month): 2 (May)
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