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How the West 'Invented' Fertility Restriction

  • Hans-Joachim Voth

    (UPF and CREI)

  • Nico Voigtlaender

    (UCLA)

household. In a Malthusian world, this translated into lower population pressure, raising average wages by up to a quarter. The Black Death thus set into motion a virtuous circle of higher wages and fertility decline that underpinned Europe’s high per capita incomes. We demonstrate the importance of this effect in a calibration of our model.

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Paper provided by Society for Economic Dynamics in its series 2010 Meeting Papers with number 326.

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Date of creation: 2010
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Handle: RePEc:red:sed010:326
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