This article examines the monetary arrangements between Australia, New Zealand and the United Kingdom from the 1820s to the 1930s. It is argued that the three countries formed a monetary union for most of this period. A new analysis of inland and London exchange rates demonstrates that the union...

Recent research in economic history has found that mortgage debt in relation to GDP has taken off in the historical long run ("great mortgaging"), as growing banking assets have been redirected into mortgage credit. This paper maps the parallel long-run investment history of private (life)...

The @premodern European transport network was accompanied by a number of institutions that affected the transaction costs related to commercial travel, such as fairs, staple markets and toll stations. With digital techniques and big datasets, it is now possible to study these phenomena on a...