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Malthusian dynamism and the rise of Europe: Make war, not love
Voth, Joachim; Voigtländer, Nico
Universitat Pompeu Fabra. Departament d'Economia i Empresa
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.
Economic and Business History
comparative development
technological progress
demographic transition
human capital
malthusian stagnation
black death
L'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons
Working Paper

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