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Question 2: The Malthus model is just a model that describes a society that meets certain conditions. Whether it accurately describes the pre-industrial world depends
Question 2: The Malthus model is just a model that describes a society that meets certain conditions. Whether it accurately describes the pre-industrial world depends on the empirical evidence. The following is a figure from Saito (2005), showing real wages in Japan between 1820 and 1893. 140 120 1820 1893 1877 100 1833 Real Wage 80 1881 1868 1837 30 35 40 Population (millions) 2 1) What relationship between population and real wages do you observe in Japan between 1820 and 1868? Is this consistent with the Malthus model you worked through in Question 1? 2) What relationship between population and real wages do you observe in Japan post 1868? What changes in technology, subsistence wage, and/ or net fertility could have happened in Japan for us to observe growth in both population and real wages between 1868 and 1877 and post 1881
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