Have historians in the past tended to exaggerate the negative economic impact of plague in late medieval society?

The victims "ate lunch with their friends and dinner with their ancestors in paradise." Boccacci There is no doubt that the plague led to economic hardship in England in the mid-fourteenth century. However the plague appears to be a catalyst rather than the principal instigator of economic decline. The plague was disastrous enough, especially with the appearance of three interrelated forms during the same epidemic but coming at the time it did was just as …

…gt;Alsford, S. History of Medieval York http://www.trytel.com/~tristan/towns/york6.html. 41<Tab/>ib. id. 42<Tab/>Munro, J.H. "Industrial Transformations in the North-west European Textile Trades, c.1290 - c.1340: Economic Progress or Economic Crisis?" in B. M. S. Campbell (ed.) Before the Black Death; Studies in the 'Crisis of the Early 14th Century' (England,1991) pp. 110-48. 43<Tab/>ib. id.