Inflation in the early modern Ottoman Empire and Europe
| Autor: | YILDIRIM KARAMAN, SEÇİL |
|---|---|
| Přispěvatelé: | Karaman K. K., YILDIRIM KARAMAN S. |
| Jazyk: | angličtina |
| Rok vydání: | 2022 |
| Předmět: |
Economics and Econometrics
Social Sciences and Humanities Social Sciences (SOC) Economics Sosyal Bilimler ve Beşeri Bilimler Economics Econometrics and Finance (miscellaneous) PRICE REVOLUTION Silver Standard REAL WAGES Genel Ekonomi Ekonometri ve Finans HISTORY DIVERGENCE Ekonomi ve Ekonometri Sosyal ve Beşeri Bilimler Social Sciences & Humanities PERSPECTIVE EKONOMİ Ekonomi Ekonometri ve Finans (çeşitli) RISE Inflation İktisat TRADE Debasement Ekonomi ve İş ECONOMICS & BUSINESS Sosyal Bilimler (SOC) General Economics Econometrics and Finance |
| Popis: | This study investigates the rates and causes of price inflation in early modern Europe and the Ottomans. There are two leading causes of price inflation in this period. The first is the American silver, and the second is the debasements that states resorted to for revenue. Our study shows that debasements are the more important cause. Debasements have induced price increases ranging between two to five hundred-fold for different states. As for American silver, it has induced, at most, a four-fold increase in prices. Hence inflation was mainly caused by debasements and the underlying political factors. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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