This paper documents nominal stability in Switzerland from 1805 to 2013 using a data set on annual price, wage and nominal GDP changes. The trends of these indicators are estimated by an unobserved-components stochastic-volatility model in order to control for short-term fluctuations and...

Title Page -- Contents -- Tables and Figures -- Introduction -- 1. Money from the Spirit World -- 2. Perfecting the State -- 3. The Money Tree -- 4. Silver Thaler and Ur-Cameralists -- 5. "All That Glitters Is Not Gold, But . . ." -- 6. A Conspicuous Lack of Consumption -- 7. "Alles Geld gehet...