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Money, states and empire: financial integration cycles and institutional change in Central Europe, 1400-1520

Chilosi, David and Volckart, Oliver (2009) Money, states and empire: financial integration cycles and institutional change in Central Europe, 1400-1520. Economic History Working Papers, 132/09. Department of Economic History, London School of Economics and Political Science, London, UK.

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Abstract

By 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.

Item Type: Monograph (Working Paper)
Official URL: http://www2.lse.ac.uk/economicHistory/workingPaper...
Additional Information: © 2009 The authors
Library of Congress subject classification: D History General and Old World > D History (General) > D111 Medieval History
H Social Sciences > HC Economic History and Conditions
H Social Sciences > HG Finance
J Political Science > JF Political institutions (General)
Journal of Economic Literature Classification System: N - Economic History > N1 - Macroeconomics and Monetary Economics; Growth and Fluctuations > N14 - Europe: 1913-
N - Economic History > N4 - Government, War, Law, and Regulation > N43 - Europe: Pre-1913
Sets: Departments > Economic History
Collections > Economists Online
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Identification Number: 132/09
Date Deposited: 11 May 2010 15:16
URL: http://eprints.lse.ac.uk/27884/

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