Money, states and empire: financial integration cycles and institutional change in Central Europe, 1400-1520
AbstractBy analysing a newly compiled database of exchange rates, this paper finds that Central European financial integration advanced in a cyclical fashion over the fifteenth century. The cycles were associated with changes in the money supply. Long-distance financial integration progressed in connection with the rise of the territorial state, facilitated by the synergy between princes and emperor.
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Bibliographic InfoPaper provided by London School of Economics and Political Science, Department of Economic History in its series Economic History Working Papers with number 27884.
Length: 74 pages
Date of creation: Dec 2009
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- Börner, Lars & Severgnini, Battista, 2011.
2011/12, Free University Berlin, School of Business & Economics.
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