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Poverty in Germany from the Black Death until the beginning of industrialization

Abstract:
This paper provides macro-level estimates of the prevalence of poverty in preindustrial Germany, from the Black Death to the onset of industrialization in the nineteenth century. Based on a new body of evidence we show that poverty declined after two large-scale catastrophes: the Black Death in the fourteenth century and the Thirty Years’ War in the seventeenth. Poverty increased substantially in the sixteenth century, and stagnated in the eighteenth and early nineteenth centuries. This pattern is broadly in line with a Malthusian model of the preindustrial economy, but also with several other explanations of poverty. Circa 1600, poverty and inequality extraction were at a historical peak – right when social conflict erupted in Germany.
Publication status:
Published
Peer review status:
Peer reviewed

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Publisher copy:
10.1016/j.eeh.2024.101630

Authors


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Institution:
University of Oxford
Division:
SSD
Department:
Economics
Oxford college:
Nuffield College
Role:
Author
ORCID:
0000-0001-9367-4685


More from this funder
Funder identifier:
https://ror.org/0302b4677
Grant:
PF22\220112


Publisher:
Elsevier
Journal:
Explorations in Economic History More from this journal
Volume:
95
Article number:
101630
Publication date:
2024-11-30
Acceptance date:
2024-10-07
DOI:
EISSN:
1090-2457
ISSN:
0014-4983


Language:
English
Keywords:
Pubs id:
2068234
Local pid:
pubs:2068234
Deposit date:
2024-12-02

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