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Banking Systems in the Portuguese-Speaking African Countries. The Co-operation with Portugal -- Chapter 10: The End of the …
Persistent link: https://www.econbiz.de/10012399515
This volume is a collection of papers on money, currency and economic history.0Money and currency have always been used for buying, paying, exchanging values, services or commodities. However there has always been a deep contradiction between the national character of coins and the international...
Persistent link: https://www.econbiz.de/10011989319
Banking Systems in the Portuguese-Speaking African Countries. The Co-operation with Portugal -- Chapter 10: The End of the …
Persistent link: https://www.econbiz.de/10012213335
Re-coinage implies that old coins are declared invalid and exchanged for new ones at fixed exchange rates and dates. Empirical evidence shows that re-coinage could occur as often as twice a year within a currency area in the Middle Ages. The exchange fee at re-coinage worked as a monetary tax...
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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...
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