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Debasements, Royal Revenues, and Inflation in France During the Hundred Years' War, 1415?1422

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Author Info
Sussman, Nathan

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Abstract

Historians of the period have generally played down the debasement of France's coinage to increase crown revenues during the Hundred Years' War or treated it as a last resort and an inept one. Based on archival data and an analytical framework drawn from the modern literature on inflation tax, this article supports challengers of that view, showing that debasement was an effective instrument of public finance.

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File URL: http://journals.cambridge.org/abstract_S0022050700012389
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Publisher Info
Article provided by Cambridge University Press in its journal The Journal of Economic History.

Volume (Year): 53 (1993)
Issue (Month): 01 (March)
Pages: 44-70
Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Handle: RePEc:cup:jechis:v:53:y:1993:i:01:p:44-70_01

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  1. John H. Munro, 2009. "Coinage and Monetary Policies in Burgundian Flanders during the late-medieval 'Bullion Famines',. 1384 - 1482," Working Papers tecipa-361, University of Toronto, Department of Economics. [Downloadable!]
  2. Gerald P. Dwyer, Jr. & James R. Lothian, 2003. "The economics of international monies," Working Paper 2003-37, Federal Reserve Bank of Atlanta. [Downloadable!]
    Other versions:
  3. Sussman, Nathan & Zeira, Joseph, 2002. "Commodity Money Inflation: Theory and Evidence from France in 1350-1436," Working Paper Series rwp02-008, Harvard University, John F. Kennedy School of Government. [Downloadable!]
    Other versions:
  4. Gerald P. Dwyer Jr. & James R. Lothian, 2003. "International Money and Common Currencies in Historical Perspective," International Finance 0311005, EconWPA. [Downloadable!]
    Other versions:
  5. Carlos Álvarez, 2003. "Spanish Monarchy´S Monetary Problems In The Seventeenth Century: Small Change And Foreign Credit," Working Papers in Economic History wh030905, Universidad Carlos III, Departamento de Historia Económica e Instituciones. [Downloadable!]
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