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Land markets and inequality: evidence from medieval England

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  • Cliff T. Bekar
  • Clyde G. Reed

Abstract

The Hundred Rolls survey of 1279 documents substantially more inequality in the distribution of peasant landholdings than does the Domesday survey of 1086. Twelfth-century innovations in property rights over land induced peasants to expand the role of land market trades in their portfolio of risk-coping strategies. We argue that these events are related. Simulation analysis suggests that the primary source of the increasingly unequal distribution of peasant landholdings was the interaction between distress land sales and population growth driven by high fertility rates in households with large landholdings. Copyright , Oxford University Press.

Suggested Citation

  • Cliff T. Bekar & Clyde G. Reed, 2013. "Land markets and inequality: evidence from medieval England," European Review of Economic History, European Historical Economics Society, vol. 17(3), pages 294-317, August.
    • Handle: RePEc:oup:ereveh:v:17:y:2013:i:3:p:294-317
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    File URL: http://hdl.handle.net/10.1093/ereh/het009
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    Cited by:

    1. Sara Horrell & Jane Humphries & Jacob Weisdorf, 2022. "Beyond the male breadwinner: Life‐cycle living standards of intact and disrupted English working families, 1260–1850," Economic History Review, Economic History Society, vol. 75(2), pages 530-560, May.
    2. Bas van Bavel & Daniel Curtis, 2015. "Better understanding disasters by better using history: Systematically using the historical record as one way to advance research into disasters," Working Papers 0068, Utrecht University, Centre for Global Economic History.
    3. Bas Bavel & Marten Scheffer, 2021. "Historical effects of shocks on inequality: the great leveler revisited," Palgrave Communications, Palgrave Macmillan, vol. 8(1), pages 1-9, December.
    4. van Bavel, Bas, 2016. "The Invisible Hand?: How Market Economies have Emerged and Declined Since AD 500," OUP Catalogue, Oxford University Press, number 9780199608133.
    5. Dexian Chen & Hao Hu & Chengxiao Song & Hang Lv, 2022. "Land Inequality and Its Influencing Factors in Rural China in Modern Times: A Systematic Review," Land, MDPI, vol. 11(7), pages 1-21, July.

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