"The story of the largest currency union in world history and its creation at the hands of the Holy Roman Empire. Providing a historical perspective on multilateralism, the book makes early monetary policies widely accessible and draws a vivid picture of economic and political life in a country...

This paper employs a new method and dataset to estimate the effect of currency unions on the integration of financial markets in late medieval Central Europe. The analysis reveals that membership in a union was significantly correlated with well-integrated markets. We also examine whether...