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. Here, the question of whether and when such re-coinage was applied in medieval Sweden is analyzed against the historical … record. A theory of how short-lived coinage systems work is applied to Swedish coinage. It is shown that Sweden adopted …
Persistent link: https://www.econbiz.de/10010403648
. Here, the question of whether and when such re-coinage was applied in medieval Sweden is analyzed against the historical … record. A theory of how short-lived coinage systems work is applied to Swedish coinage. It is shown that Sweden adopted …
Persistent link: https://www.econbiz.de/10012856536
applied in Sweden in the period 1153–1512. In medieval Europe, old coins were frequently declared invalid and were exchanged … medieval Sweden is analyzed against the historical record. A theory of how short-lived and long-lived coinage systems work is … applied to Swedish coinage. Sweden adopted similar coin forms as those minted in Continental Europe in the Middle Ages, but …
Persistent link: https://www.econbiz.de/10013246439
Swedish experience is extraordinarily consistent with this theory. It is shown that Sweden adopted coin types similar to those …
Persistent link: https://www.econbiz.de/10012830534
Although the leaf-thin bracteates are the most fragile coins in monetary history, they were the main coin type for almost two centuries in large parts of medieval Europe. The usefulness of the bracteates can be linked to the contemporary monetary taxation policy. Medieval coins were frequently...
Persistent link: https://www.econbiz.de/10010335642
could occur as often as twice a year. Using a cash-in-advance model, we analyze under which conditions agents prefer to re …
Persistent link: https://www.econbiz.de/10011646685
could occur as often as twice a year. Using a cash-in-advance model, prices increase over time during an issue period and …
Persistent link: https://www.econbiz.de/10011442475
. Here, the question of whether and when such re-coinage was applied in medieval Sweden is analyzed against the historical … record. A theory of how short-lived coinage systems work is applied to Swedish coinage. It is shown that Sweden adopted …
Persistent link: https://www.econbiz.de/10010504518
Re-coinage implies that old coins are declared invalid and exchanged for new ones at fixed exchange rates and dates. Empirical evidence shows that re-coinage could occur as often as twice a year within a currency area in the Middle Ages. The exchange fee at re-coinage worked as a monetary tax...
Persistent link: https://www.econbiz.de/10010320386
could occur as often as twice a year. Using a cash-in-advance model, prices increase over time during an issue period and …
Persistent link: https://www.econbiz.de/10011332944