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Swedish monetary standards in historical perspective

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Abstract

This 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.

Suggested Citation

  • Edvinsson, Rodney, 2009. "Swedish monetary standards in historical perspective," Stockholm Papers in Economic History 6, Stockholm University, Department of Economic History.
  • Handle: RePEc:hhs:suekhi:0006
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    File URL: http://www.historia.se/SPEH6.pdf
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    Cited by:

    1. William Roberds & Francois R. Velde, 2014. "Early Public Banks," FRB Atlanta Working Paper 2014-9, Federal Reserve Bank of Atlanta.

    More about this item

    Keywords

    monetary history; monetary standard; Sweden;

    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-

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