How Prosperous were the Romans? Evidence from Diocletian's Price Edict (301 AD).

The paper compares the standard of living of labourers in the Roman Empire in 301 AD with the standard of living of labourers in Europe and Asia from the middle ages to the industrial revolution. Roman data are drawn from Diocletian's Price Edict. The real wage of Roman workers was like that of...

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Bibliographic Details
Main Author: Allen, R
Format: Working paper
Language:English
Published: Department of Economics (University of Oxford) 2007