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taken from both England and Flanders (up to ca. 1500): i.e., from both a basically rural agrarian economy (England) and a … depopulation (falling perhaps from ca. 1320) - by about 50% in England ca. 1450 - drastically altered the land:labour ratio so that … Hundred Years' War and by civil wars in Flanders. Deflation resumed in the very late 15th century, enduring until the eve of …
Persistent link: https://www.econbiz.de/10010575181
Coinage debasement in medieval and early modern Europe remains an ill-understood topic; and indeed an often cited article ("The Debasement Puzzle": Velde and Weber, 1996) sought to demonstrate that coinage debasements were both impractical and economically futile. The purpose of this study is to...
Persistent link: https://www.econbiz.de/10011132479
The medieval system of payment in Sweden was complex. This paper aims at clarifying some essential features of it in a way that may facilitate further study of medieval Swedish economic history by international researchers. For instance, the presentation of the exchange rate between the silver...
Persistent link: https://www.econbiz.de/10004976731
The water-mill, though known in the Roman Empire from the second century BCE, did not come to enjoy any widespread use until the 4 th or 5 th 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...
Persistent link: https://www.econbiz.de/10005704737
, those that could so much better 'bear the freight'. Furthermore, in Flanders, a considerable number of small-town and …
Persistent link: https://www.econbiz.de/10005704796
, those that could so much better 'bear the freight'. Furthermore, in Flanders, a considerable number of small-town and …
Persistent link: https://www.econbiz.de/10005704802
real wages for building craftsmen and their journeymenlabourers in southern England, Flanders, and Brabant, in the late … either England or Flanders, but was instead followed by a quarter century of falling real wages, because rampant inflation … craftsmen in Bruges; but by the 1480s, when inflation was far more serious in Flanders than in England, that gap had narrowed to …
Persistent link: https://www.econbiz.de/10005827239
1360s. In the later 14th century, however, first England and then Flanders experienced an equally dramatic deflation, one …, downwards as well as upwards. Though one might readily provide evidence that the MRP of various kinds of labour, in England and … the cross-Channel Low Countries (Flanders), did not in fact continually rise as this model predicts, the focus of this …
Persistent link: https://www.econbiz.de/10005835789
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