Bailey, Roy E and Chambers, Marcus J (1998) The impact of real wage and mortality fluctuations on fertility and nuptiality in precensus England. Journal of Population Economics, 11 (3). pp. 413-434. DOI https://doi.org/10.1007/s001480050077
Bailey, Roy E and Chambers, Marcus J (1998) The impact of real wage and mortality fluctuations on fertility and nuptiality in precensus England. Journal of Population Economics, 11 (3). pp. 413-434. DOI https://doi.org/10.1007/s001480050077
Bailey, Roy E and Chambers, Marcus J (1998) The impact of real wage and mortality fluctuations on fertility and nuptiality in precensus England. Journal of Population Economics, 11 (3). pp. 413-434. DOI https://doi.org/10.1007/s001480050077
Abstract
This 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.
Item Type: | Article |
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Uncontrolled Keywords: | demographic history; economic history; error correction mechanisms |
Subjects: | D History General and Old World > DA Great Britain H Social Sciences > HB Economic Theory |
Divisions: | Faculty of Social Sciences Faculty of Social Sciences > Economics, Department of |
SWORD Depositor: | Unnamed user with email elements@essex.ac.uk |
Depositing User: | Unnamed user with email elements@essex.ac.uk |
Date Deposited: | 08 Jul 2012 09:44 |
Last Modified: | 30 Oct 2024 19:35 |
URI: | http://repository.essex.ac.uk/id/eprint/2750 |