Revolutionary Transition: Inheritance Change and Fertility Decline

Victor Gay (), Paula Eugenia Gobbi and Goñi, Marc

No 18607, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: We test Le Play's (1875) hypothesis that the French Revolution contributed to France’s early fertility decline. In 1793, a series of inheritance reforms abolished local inheritance practices, imposing equal partition of assets among all children. We develop a theoretical framework that predicts a decline in fertility following these reforms because of indivisibility constraints in parents' assets. We test this hypothesis by combining a newly created map of pre-Revolution local inheritance practices together with demographic data from the Henry database and from crowdsourced geneaologies in Geni.com. We provide difference-in-differences and regression discontinuity estimates based on comparing cohorts of fertile age and cohorts too old to be fertile in 1793 between municipalities where the reforms altered and did not alter existing inheritance practices. We find that the 1793 inheritance reforms reduced completed fertility by half to one child, closed the pre-reform fertility gap between different inheritance regions, and sharply accelerated France’s early fertility transition.

Keywords: Demographic transition; Fertility; Inheritance (search for similar items in EconPapers)
JEL-codes: D10 J10 K11 N33 O10 (search for similar items in EconPapers)
Date: 2023-11
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Working Paper: Revolutionary Transition: Inheritance Change and Fertility Decline (2024)
Working Paper: Revolutionary Transition: Inheritance Changeand Fertility Decline (2023)
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