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  • 标题:The Primary Cause of European Inflation in 1500-1700: Precious Metals or Population? The English Evidence
  • 本地全文:下载
  • 作者:Anthony Edo ; Jacques Melitz
  • 期刊名称:Document de Travail / Centre d'Etudes Prospectives et d'Informations Internationales
  • 出版年度:2019
  • 页码:1-45
  • 出版社:Paris
  • 摘要:We perform the first econometric test to date of the influences of inflows of precious metals and population growth on the “Great Inflation” in Europe following the discovery of the New World. The English evidence strongly supports the near-equivalent importance of both influences. For 1500-1700, silver is the only relevant precious metal in the estimates. The study controls for urbanization, government spending, mortality crises and climatic changes. The series for inflows of the precious metals into Europe from America and European mining are newly constructed based on the secondary sources.
  • 关键词:The “Great Inflation” ; Demography ; Precious Metals ; European Economic History 1500;1700
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