Early modern financial development in the Iberian peninsula

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Title		Early modern financial development in the Iberian peninsula
Authors		Freire Costa, Leonor Münch Miranda, Susana Nogues-Marco, Pilar
Publication		Geneva: Paul Bairoch Institute of Economic History, 2021
Collection		Economic History Working Papers; 1/2021
Description		28 p.
Abstract		Iberian colonies produced the vast majority of world precious metals in the Early Modern period, which increased liquidity in the Iberian Peninsula. In this paper we focus on the relationship between liquidity and financial development – including other relevant variables such as instruments and institutions – to examine the efficiency of the financial systems in Castile and Portugal.
Keywords		financial system — public debt — private credit market — precious metals — interest rates.
Full text		Working paper (Accepted version) (2 MB) - Free access
Structures		Faculté des sciences de la société / Institut d'histoire économique Paul Bairoch Faculté des sciences de la société / Département d'histoire, économie et société
Project		Autre: Sovereign debt and private credit in Portugal (1668-1797) (PTDC/HAR-HIS/28809/2017)
Citation (ISO format)		FREIRE COSTA, Leonor, MÜNCH MIRANDA, Susana, NOGUES-MARCO, Pilar. Early modern financial development in the Iberian peninsula. 2021 https://archive-ouverte.unige.ch/unige:147492