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

Chilosi, David ORCID: 0000-0002-2251-0381 and Volckart, Oliver ORCID: 0000-0001-7330-111X (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
Divisions:	Economic History
Subjects:	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)
JEL classification:	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
Date Deposited:	11 May 2010 15:16
Last Modified:	11 Dec 2024 18:56
URI:	http://eprints.lse.ac.uk/id/eprint/27884

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