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In the early centuries of the Middle Ages, the economy in Europe collapsed and trade was reduced to a trickle. Monetary economy survived only in a rudimentary form; the last Roman banks disappeared in the course of the sixth and seventh centuries, and banking and on-cash monetary payment systems...
Persistent link: https://www.econbiz.de/10012957547
This paper tests for speculative bubbles in the medieval English property market based on a unique hand-collected dataset from the feet of fines spanning the fourteenth and fifteenth centuries. We focus on asset types where there are sufficiently large numbers of transactions each year to make a...
Persistent link: https://www.econbiz.de/10012923655
This paper re-examines the late medieval market in freehold land, the extent to which it was governed by market forces as opposed to political or social constraints, and how this contributed to the commercialisation of the late medieval English economy. We employ a valuable new resource for...
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We investigate differences in the economic performance of secular and religious local rulers in Medieval England. Exploiting the Norman conquest of England as a historical experiment, we compare economic outcomes of estates controlled by secular feudal landlords, Benedictine monasteries and...
Persistent link: https://www.econbiz.de/10012847646
This paper develops an analytic narrative examining an institution known as "The Exchequer of the Jewry". The prohibition on usury resulted in most moneylending activities being concentrated within the Jewish community. The king set up the Exchequer of the Jewry in order to extract these...
Persistent link: https://www.econbiz.de/10014182673