the money supply (especially during the late-medieval "bullion famines") and in particular to remedy any chronic shortage … practical and effective, so long as they were properly devised to profit both the merchants who brought bullion to the mints and … consequences of this seigniorage tax from the consequent inflation. But another goal of this study is to demonstrate that inflation …

facie case that Flanders (and all the Burgundian Low Countries) suffered from two major �bullion famines�, or certainly … Europe, and most certainly in Burgundian Flanders (1384-1482). Flanders also experienced several economic recessions or … contractions from three related sources: warfare; the so-called �bullion famines�, with liquidity crises; and the irredeemable …

, aggressive coinage debasements worked best if the offending mint could lure coinage and bullion from not only domestic but also … domestic money supplies from the effects of Gresham's Law. Indeed, some variant of Gresham's Law can be found as an excuse for … their agio over bullion an agio justified by circulating coins at tale', rather than measuring them, thus saving on …

bullion received more coins of the same face value and thus with a greater aggregate money-of-account value than before (or …This paper seeks to answer two questions: were the coinage debasements in Burgundian Flanders (1384-1482) undertaken …, especially to remedy the chronic shortages of petty coins. Despite overwhelming evidence that Burgundian Flanders, along with …

1360s. In the later 14th century, however, first England and then Flanders experienced an equally dramatic deflation, one … years after the Black Death. In England, furthermore, where most craftsmen and workers had suffered a fall in money wages in … prevalence of money-wage stickiness over very long periods, in England and the Low Countries. For England, the most significant …

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 … real wages for building craftsmen and their journeymen-labourers in southern England, Flanders, and Brabant, in the late …

determine when and if a seigniorage-maximizing inflation rate occurred and this way provide a rational on the development of … that the seigniorage-maximizing rate of inflation of the Venezuelan economy occurred around the first quarter of 2016 at a … monthly inflation rate of approximately 13 percent. The implications of this are that when facing the choice of maximizing …

peasants. In East Elbia, the early-modern shift was from Grundherrschaft to Gutsherrschaft. Late medieval manorial England … changes. My monetary model, based on my prior publications on the deflationary consequences of the first late-medieval bullion … the result of deflation combined with institutional wage stickiness. My fiscal model demonstrates that the imposition of …

monetary forces in producing deflation in the second and final quarters of the fourteenth century, but severe inflation in … century. While there is no doubt that real-wages in mid- to late- 15th century England did reach a peak far higher than that … ever achieved in past centuries, real wages in England did not, in fact, rise in the immediate aftermath of the Black Death …

, especially in England, to the consequences of population growth during this era: i.e., to a fall in the marginal productivity of … provided a comparison of prices and real wages of building craftsmen in the regions of Antwerp and south-eastern England, from … consumables' price index that Phelps Brown and Hopkins had produced, for south-eastern England, in 1956. His graphs revealed that …