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Money and banking in Europe, 1700-1850 : the formation of new financial systems -- Banking regulation and provincial banks in Spain -- The bourgeoisie and provincial banking : social origins of the new banking elite -- Banks of the issue as private companies : earnings and assets -- Provincial...
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Are transaction costs and half-lives between two cities the same in both directions in traditional city-based monetary systems? Market conditions and political circumstances may not justify this assumption; and we provide evidence that it does not hold in the 1825-1885 period in Spain. Moreover,...
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In this article, we use as case study the Spanish economy in the Early Modern period. We use recent time series data for the period 1492 - 1810. We consider the possibility that a linear cointegrated regression model with multiple structural changes would provide a good empirical description of...
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