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, downwards as well as upwards. Though one might readily provide evidence that the MRP of various kinds of labour, in England and … price-index and cost of living, in both of these countries. For England, the cost-of-living index is measured by the well … years after the Black Death. In England, furthermore, where most craftsmen and workers had suffered a fall in money wages in …
Persistent link: https://www.econbiz.de/10005835789
This paper revisits, modifies, and combines elements of three major ‘institutional’ international-trade models, none of which has yet fully received the attention that it deserves, to provide a new explanation for the growth, decline, and then rebirth of internationally-oriented fairs in the...
Persistent link: https://www.econbiz.de/10005835820
intensive forms of industry. Hamilton’s analyses of price and wage data for 16th- and 17th-century Spain, France, and England … prices; and that early-modern England had experienced the greatest degree of such ‘profit inflation’. Such a contrast in … their national economic experiences helps to explain, in Hamilton’s view, why Spain subsequently ‘declined’, while England …
Persistent link: https://www.econbiz.de/10005836522
era when the ‘draperies’ or cloth industries of the late-medieval Low Countries and England had become increasingly … transaction costs that, in turn, had three major consequences for the Low Countries’ and England’s textile-based economies: (1) to … Countries and England to re-orient their export-oriented cloth production more and more towards high-priced ultra-luxury quality …
Persistent link: https://www.econbiz.de/10005837276
The water-mill, though known in the Roman Empire from the second century BCE, did not come to enjoy any widespread use until the 4th or 5th centuries CE, and then chiefly in the West, which was then experiencing not only a rapid decline in the supply of slaves, but also widespread depopulation,...
Persistent link: https://www.econbiz.de/10005837349
of annuities or rentes, and bills of exchange, is generally thought to have originated in eighteenth century England; but …
Persistent link: https://www.econbiz.de/10005031390
real wages for building craftsmen and their journeymen-labourers in southern England, Flanders, and Brabant, in the late …. Using the working papers for Phelps Brown & Hopkins’ very famous price and real-wage indexes for England (1264-1954), which … either England or Flanders, but was instead followed by a quarter century of falling real wages, because rampant inflation …
Persistent link: https://www.econbiz.de/10005616988