Monetary Geography Before the Industrial Revolution

Marc Flandreau, Christophe Galimard, Clemens Jobst and Maria Del Pilar Nogués Marco

No 7169, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: In this article, we study Europe's monetary geography on the eve of the Industrial Revolution. Our unit of analysis is the city and we explore inter-city linkages. Important findings include a considerable degree of integration and multilateralism with monetary centers having already emerged as vehicles for international settlements, before the Industrial Revolution.

Keywords: history; international currency; international monetary system; network analysis (search for similar items in EconPapers)
JEL-codes: F33 N23 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cba, nep-his and nep-mon
Date: 2009-02
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