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Money, States, and Empire

Financial Integration and Institutional Change in Central Europe, 1400–1520

Bibliographic Data

ID10099418
AuthorsDavid Chilosi (0000-0002-2251-0381, London School of Economics and Political Science, corresponding author), Oliver Volckart (London School of Economics and Political Science, corresponding author)
Year2011
Volume71
Issue3
Pages762-791
Publication date2011-09-13
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueThe Journal of Economic History (JOURNAL)
Journal identifiersISSN: 0022-0507 • E-ISSN: 1471-6372
PublisherCambridge University Press (CUP) (PUBLISHER)
DOI10.1017/s0022050711001914
OpenAlexW2126072725
LanguageEN
Citations received10
References cited84

By analyzing a newly compiled database of exchange rates, this article finds that in Central Europe money markets integrated cyclically during the fifteenth century. The cycles were associated with monetary debasements. Long-distance financial integration progressed in connection with the rise of the territorial state, facilitated by the synergy between princes and emperor, which helped to avoid coordination failures. For Central Europe, theories of state formation and market integration should therefore take interstate actors into account

Ancient history · Business · Central bank · Economics · Economy · Emperor · Empire · Fifteenth · Financial Integration · Financial market · Financial system · International economics · Macroeconomics · Market integration · Monetary economics · Monetary policy · Money market · State (computer science · Finance · Historical Economic and Social Studies · Historical Influence and Diplomacy · History · Reformation and Early Modern Christianity

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Unique citing works10
Citations per year0,71
Citation span2012 - 2025 (14)
Citation velocityrecent
Highly citedNo
Citation typesNeutral: 9

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