The concept of Inflation in the Roman Empire
AbstractThe concept of inflation in the Roman empire. The Bimetallic system used in the Roman empire allowed emperors to debase their coinage repeatedly, while the exchange rates remained almost intact. This situation caused changes in the use of silver coinage. Specifically, silver antoniniani were used in the place of bronze, while precious metal bullion was used for major commercial transactions. Although the Roman people carried more pieces of coins in the market on a daily basis, the concept of inflation cannot be applied to the economy.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by EconWPA in its series Economic History with number 0204001.
Date of creation: 26 Apr 2002
Date of revision:
Note: Type of Document - Text; prepared on PC; to print on HP;
Contact details of provider:
Web page: http://126.96.36.199
inflation Roman prices fiscal monetary debasement;
Find related papers by JEL classification:
- N1 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations
This paper has been announced in the following NEP Reports:
You can help add them by filling out this form.
reading lists or Wikipedia pages:Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (EconWPA).
If references are entirely missing, you can add them using this form.