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Economic and Financial Crises and Transformations in Sixteenth-Century Europe

Author

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  • Kindleberger, C.P.

Abstract

Financial revolutions in Europe have been ascribed to the Italian innovation of the bill of exchange in the thirteenth century and to the British ordering of government debt at the end of the seventeenth and beginning of the eighteenth centuries. Less attention has been paid to the series of financial crises and ensuing transformations in teh sixteenth century, occuring especially in the 1550s and involving at least five broad and parallel changes in national and international finance.

Suggested Citation

  • Kindleberger, C.P., 1998. "Economic and Financial Crises and Transformations in Sixteenth-Century Europe," Princeton Essays in International Economics 208, International Economics Section, Departement of Economics Princeton University,.
    • Handle: RePEc:fth:priifi:208
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    Cited by:

    1. David Emanuel Andersson & Ã…ke E. Andersson, 2019. "Phase transitions as a cause of economic development," Environment and Planning A, , vol. 51(3), pages 670-686, May.
    2. Bernholz, Peter & Kugler, Peter, 2007. "The Price Revolution in the 16th Century: Empirical Results from a Structural Vectorautoregression Model," Working papers 2007/12, Faculty of Business and Economics - University of Basel.

    More about this item

    Keywords

    EUROPE ; HISTORY ; MONEY;
    All these keywords.

    JEL classification:

    • F30 - International Economics - - International Finance - - - General
    • N23 - Economic History - - Financial Markets and Institutions - - - Europe: Pre-1913

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