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

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.

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Year of publication:	2009-12
Authors:	Chilosi, David ; Volckart, Oliver
Institutions:	Department of Economic History, London School of Economics (LSE)

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Extent:	application/pdf
Series:	Economic History Working Papers.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series Economic History Working Papers, 132/09 74 pages
Classification:	B11 - Preclassical ; N0 - Economic History. General ; F3 - International Finance ; G3 - Corporate Finance and Governance ; H83 - Public Administration
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010928832