Munro, John H. - Volkswirtschaftliche Fakultät, … - 2004
monetary forces in producing deflation in the second and final quarters of the fourteenth century, but severe inflation in … between those quarters (i.e., from the early 1340s to the mid 1370s). The analysis of the evidence on money, prices, and wages … deflations and intervening inflation – were the most powerful determinant of the level of real wages (i.e., in terms of the …
