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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Find related papers by JEL classification:
- B11 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Preclassical (Ancient, Medieval, Mercantilist, Physiocratic)
- N0 - Economic History - - General
- F3 - International Economics - - International Finance
- G3 - Financial Economics - - Corporate Finance and Governance
- H83 - Public Economics - - Miscellaneous Issues - - - Public Administration
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