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Working paper
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English

Early modern financial development in the Iberian peninsula

Number of pages28
PublisherGeneva : Paul Bairoch Institute of Economic History
Collection
  • Economic History Working Papers; 1/2021
Publication date2021
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.
Classification
  • JEL : N13
Funding
  • 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
Main files (1)
Working paper
Identifiers
  • PID : unige:147492
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Technical informations

Creation01/18/2021 12:58:00 PM
First validation01/18/2021 12:58:00 PM
Update time03/15/2023 11:53:53 PM
Status update03/15/2023 11:53:53 PM
Last indexation05/06/2024 6:33:05 AM
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