NDLI: From preventive to permissive checks: the changing nature of the Malthusian relationship between nuptiality and the price of provisions in the nineteenth century

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From preventive to permissive checks: the changing nature of the Malthusian relationship between nuptiality and the price of provisions in the nineteenth century

Content Provider	Springer Nature Link
Author	Weisdorf, Jacob Sharp, Paul
Copyright Year	2008
Abstract	The Malthusian “preventive check” mechanism has been well documented for pre-industrial England through evidence for a negative correlation between the marriage rate and the price of wheat. Other literature, however, speculates that the correlation was in fact positive from the early nineteenth century. This paper uses the cointegrated VAR model and recursive estimation techniques to document the changing relationship between nuptiality and the price of wheat from 1541 to 1965. The relationship is indeed positive from the early nineteenth century to the First World War. A simple theoretical model shows that this result is not in fact inconsistent with a stylised Malthusian mechanism, and can be understood within the context of an increasing dominance of shocks to aggregate demand rather than to aggregate supply.
Starting Page	55
Ending Page	70
Page Count	16
File Format	PDF
ISSN	18632505
Journal	Cliometrica
Volume Number	3
Issue Number	1
e-ISSN	18632513
Language	English
Publisher	Springer-Verlag
Publisher Date	2008-04-15
Publisher Place	Berlin, Heidelberg
Access Restriction	One Nation One Subscription (ONOS)
Subject Keyword	Methodology and the History of Economic Thought Econometrics History Economic Theory
Content Type	Text
Resource Type	Article
Subject	History Economics and Econometrics

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