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Reconstruction of the Spanish money supply, 1492–1810

dc.contributor.authorChen, Yao
dc.contributor.authorPalma, Nuno
dc.contributor.authorWard, Felix
dc.date.accessioned2021-07-05T15:25:16Z
dc.date.available2021-07-05T15:25:16Z
dc.date.issued2021
dc.description.abstractHow did the Spanish money supply evolve in the aftermath of the discovery of large amounts of precious metals in Spanish America? We synthesize the available data on the mining of precious metals and their international flow to estimate the money supply for Spain from 1492 to 1810. Our estimate suggests that the Spanish money supply increased more than ten-fold. Viewed through the equation of exchange this money supply increase can account for most of the price level rise in early modern Spain.pt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.doi10.1016/j.eeh.2021.101401pt_PT
dc.identifier.issn0014-4983
dc.identifier.urihttp://hdl.handle.net/10451/48810
dc.language.isoengpt_PT
dc.peerreviewedyespt_PT
dc.publisherElsevierpt_PT
dc.relationCEECIND/04197/2017pt_PT
dc.relationCEECIND/04197/2017
dc.relation.publisherversionhttps://www.sciencedirect.com/science/article/pii/S001449832100019Xpt_PT
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/pt_PT
dc.subjectEarly modern periodpt_PT
dc.subjectEquation of exchangept_PT
dc.subjectQuantity theory of moneypt_PT
dc.titleReconstruction of the Spanish money supply, 1492–1810pt_PT
dc.typejournal article
dspace.entity.typePublication
oaire.citation.startPage101401pt_PT
oaire.citation.titleExplorations in Economic Historypt_PT
oaire.citation.volume81pt_PT
person.familyNamePalma
person.familyNameWard
person.givenNameNuno
person.givenNameFelix
person.identifier.ciencia-id4C10-FDA4-6647
person.identifier.orcid0000-0003-4614-6518
person.identifier.orcid0000-0002-0102-5141
person.identifier.scopus-author-id24173809500
rcaap.rightsopenAccesspt_PT
rcaap.typearticlept_PT
relation.isAuthorOfPublicationac91e52e-c54e-49d7-b5be-f08fb8a69534
relation.isAuthorOfPublication0c671c46-bd25-413f-8335-07b047a36324
relation.isAuthorOfPublication.latestForDiscovery0c671c46-bd25-413f-8335-07b047a36324

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