作者：Rutgers University System; Rutgers University Newark; Rutgers University New Brunswick
作者：Utrecht University; University of London; London School Economics & Political Science
摘要：We review different interpretations of the European Marriage Pattern (EMP) and explore how they relate to the discussion of the link between the EMP and economic growth. Recently Dennison and Ogilvie have argued that the EMP did not contribute to growth in Early Modern Europe. We argue that the link between the EMP and economic growth is incorrectly conceptualized. Age of marriage is not a good scale for the degree to which countries were characterized by EMP. Rather, the economic effects of t...
作者：University of Michigan System; University of Michigan
作者：University of California System; University of California Irvine
作者：University of Delaware; National Bureau of Economic Research
摘要：I decompose the market value of Colonial New Jersey's paper money into its component parts, namely its real-asset present value and transaction premium. Its market value was predominately determined by its real-asset present value. I also find a small transaction premium that is positively associated with the quantity of paper money in circulation and with the land-bank method of paper money injection. This paper money was not a fiat currency. It traded below face value due to time-discounting...
作者：University of Illinois System; University of Illinois Chicago; University of Illinois Chicago Hospital
