Swedish monetary standards in historical perspective
AbstractThis paper classifies the monetary standards in Sweden from the Middle Ages to the present, and gives an overview of the various currencies that were in use. During most of Sweden’s history, a commodity standard was in place, while the fiat standard is a rather late innovation. The classification into monetary standards is also related to the issue of debasement under the commodity standard and the mechanisms behind the rise of multiple currencies.
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Bibliographic InfoPaper provided by Department of Economic History, Stockholm University in its series Stockholm Papers in Economic History with number 6.
Length: 56 pages
Date of creation: 24 May 2009
Date of revision:
Publication status: Published in Historical Monetary and Financial Statistics for Sweden: Exchange rates, prices and wages 1277–2008, Edvinsson, Rodney, Jacobson, Tor, Waldenström, Daniel (eds.), 2010, chapter 2, pages 26-66, Sveriges Riksbank, Ekerlids förlag.
Contact details of provider:
Postal: Department of Economic History, Stockholm University, SE 106 91 STOCKHOLM, Sweden
Web page: http://www.ekohist.su.se/
monetary history; monetary standard; Sweden;
Find related papers by JEL classification:
- E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System
- N13 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Europe: Pre-1913
- N14 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Europe: 1913-
- N23 - Economic History - - Financial Markets and Institutions - - - Europe: Pre-1913
- N24 - Economic History - - Financial Markets and Institutions - - - Europe: 1913-
This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-06-10 (All new papers)
- NEP-CBA-2009-06-10 (Central Banking)
- NEP-HIS-2009-06-10 (Business, Economic & Financial History)
- NEP-HPE-2009-06-10 (History & Philosophy of Economics)
- NEP-MAC-2009-06-10 (Macroeconomics)
- NEP-MON-2009-06-10 (Monetary Economics)
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- Roberds, William & Velde, Francois R., 2014. "Early Public Banks," Working Paper Series WP-2014-3, Federal Reserve Bank of Chicago.
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