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Monetary Geography Before the Industrial Revolution

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Author Info
Flandreau, Marc
Galimard, Christophe
Jobst, Clemens
Nogués Marco, Maria Del Pilar

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Abstract

In this article, we study Europe's monetary geography on the eve of the Industrial Revolution. Our unit of analysis is the city and we explore inter-city linkages. Important findings include a considerable degree of integration and multilateralism with monetary centers having already emerged as vehicles for international settlements, before the Industrial Revolution.

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Paper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 7169.

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Date of creation: Feb 2009
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Handle: RePEc:cpr:ceprdp:7169

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Related research
Keywords: history; international currency; international monetary system; network analysis;

Find related papers by JEL classification:
F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions
N23 - Economic History - - Financial Markets and Institutions - - - Europe: Pre-1913

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  1. Marc Flandreau & Clemens Jobst, 2009. "The Empirics of International Currencies: Network Externalities, History and Persistence," Economic Journal, Royal Economic Society, vol. 119(537), pages 643-664, 04. [Downloadable!] (restricted)
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This page was last updated on 2009-11-25.

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