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The Technology and Economics of Coinage Debasements in Medieval and Early Modern Europe: with special reference to the Low Countries and England
Munro, John H. - University of Toronto, Department of Economics - 2012
, and did not discount them for deficiencies in weight and fineness, except for those merchants dealing with gold coins in …
Persistent link: https://www.econbiz.de/10011132479
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Unconventional monetary policy in practice: a comparison of 'Quantitative Easing' in Japan and the USA
Reith, Matthias - In: International Journal of Monetary Economics and Finance 4 (2011) 2, pp. 111-134
of QE in Japan was fighting deflation, whereas the fed addressed mostly strains in the banking system. …
Persistent link: https://www.econbiz.de/10009352501
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Monetary Instability, Lack of Integration and the Curse of a Commodity Money Standard. The German Lands, c.1400–1900 A. D.
Rössner, Philipp Robinson - In: Credit and Capital Markets 47 (2014) 2, pp. 297-340
Currency debasement, defined as a loss of precious metal content (intrinsic value) of the circulating penny currencies over time, was a common feature in the monetary history of Europe, c. 1400–1900. Over the centuries the loss rate was sustained; between 1400 and 1900 A. D. the (south) German...
Persistent link: https://www.econbiz.de/10010927989
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Warfare, Liquidity Crises, and Coinage Debasements in Burgundian Flanders, 1384 - 1482: Monetary or Fiscal Remedies?
Munro, John H. - University of Toronto, Department of Economics - 2009
Burgundian rulers ever undertook coinage debasements to remedy these coinage scarcities and to combat deflation (with one minor … prevailing forces of monetary contraction and deflation. At the same time, however, because so many principalities then pursued …, of either the gold or silver coinages, from 1497 to 1686. But they had the luxury of alternative revenues from taxes on …
Persistent link: https://www.econbiz.de/10005248395
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The Coinages and Monetary Policies of Henry VIII (r. 1509-1547): Contrasts between Defensive and Aggressive Debasements
Munro, John H. - University of Toronto, Department of Economics - 2010
aggressive fiscal policy, and one highly effective in financing Henry VIII's wars with France and Scotland. The Great Debasement …
Persistent link: https://www.econbiz.de/10008742964
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Gold, guilds, and government: the impact of monetary and labour policies on the Flemish cloth industry, 1390-1435
Munro, John H. - Volkswirtschaftliche Fakultät, … - 2002
in gold coins as well as in silver coins, with a fixed bimetallic ratio. When the duke’s grandson, Philip the Good … gold coins, the Kortrijk fullers then demanded to be paid in gold; and with the drapers’ refusal and a sharp rise in the …
Persistent link: https://www.econbiz.de/10005790245
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Gold, Guilds, and Government: The Impact of Monetary and Labour Policies on the Flemish Cloth Industry, 1390-1435
Munro, John - University of Toronto, Department of Economics - 2002
in gold coins as well as in silver coins, with a fixed bimetallic ratio. When the duke's grandson, Philip the Good … gold coins, the Kortrijk fullers then demanded to be paid in gold; and with the drapers' refusal and a sharp rise in the …
Persistent link: https://www.econbiz.de/10005827245
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Coinage and Monetary Policies in Burgundian Flanders during the late-medieval 'Bullion Famines',. 1384 - 1482
Munro, John H. - University of Toronto, Department of Economics - 2009
¿½ possibly because those debasements failed to counteract the prevailing forces of monetary contraction and deflation. Because so …
Persistent link: https://www.econbiz.de/10005030904
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Monetary Policy, the Only Game in Town?
Smaghi, Lorenzo Bini - The MIT Press
Persistent link: https://www.econbiz.de/10010905529
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INFLATION COSTS, UNCERTAINTY COSTS AND EMERGING MARKETS
Miles, William; Schreyer, Samuel - In: Journal of Economic Development 34 (2009) 2, pp. 169-183
Given the costs to real output that inflation uncertainty has been shown to impose, two recent papers have investigated the interaction of inflation and uncertainty for a group of emerging market nations. Both papers find that an increase in inflation almost invariably increases uncertainty in...
Persistent link: https://www.econbiz.de/10009350234