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Monetary instability, lack of integration, and the curse of a commodity money standard : the German lands, c.1400 - 1900 A. D.
Rössner, Philipp Robinson - In: Credit and capital markets : Kredit und Kapital 47 (2014) 2, pp. 297-340
Persistent link: https://www.econbiz.de/10010423323
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Monetary Instability, Lack of Integration, and the Curse of a Commodity Money Standard. The German Lands, c.1400–1900 A. D.
Rössner, Philipp Robinson - In: Credit and Capital Markets – Kredit und Kapital 47 (2014) 2, pp. 297-340
Currency debasement, defined as a loss of precious metal content (intrinsic value) of the circulating penny currencies over time, was a common feature in the monetary history of Europe, c. 1400–1900. Over the centuries the loss rate was sustained; between 1400 and 1900 A. D. the (south) German...
Persistent link: https://www.econbiz.de/10014521702
Cover Image
Monetary Instability, Lack of Integration and the Curse of a Commodity Money Standard. The German Lands, c.1400–1900 A. D.
Rössner, Philipp Robinson - In: Credit and Capital Markets 47 (2014) 2, pp. 297-340
Currency debasement, defined as a loss of precious metal content (intrinsic value) of the circulating penny currencies over time, was a common feature in the monetary history of Europe, c. 1400–1900. Over the centuries the loss rate was sustained; between 1400 and 1900 A. D. the (south) German...
Persistent link: https://www.econbiz.de/10010927989