Reconstruction of the Spanish money supply, 1492–1810
نویسندگان
چکیده
How did the Spanish money supply evolve in aftermath of discovery large amounts precious metals America? We synthesize available data on mining and their international flow to estimate for Spain from 1492 1810. Our suggests that increased more than ten-fold. Viewed through equation exchange this increase can account most price level rise early modern Spain.
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ژورنال
عنوان ژورنال: Explorations in Economic History
سال: 2021
ISSN: ['1090-2457', '0014-4983']
DOI: https://doi.org/10.1016/j.eeh.2021.101401