Money and prices in the Early Roman Empire
by David Kessler and Peter Temin
We examine monetization in the early Roman Empire by considering money as a unit of account. Widespread use of prices indicates widespread monetization. A consistent set of prices for wheat indicates that this monetization encouraged trade to grow across the Mediterranean. This argument is documented with a statistical test, preceded by a non-technical introduction and followed by consideration of a range of possible objections. Keywords: money, monetization, international trade, regression analysis, early Roman Empire. JEL Classifications: N13, F14, C10.
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Money and prices in the Early Roman Empire
2005, Massachusetts Institute of Technology, Dept. of Economics
in English
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"April 14, 2005."
Includes bibliographical references (p. 30-32).
Abstract in HTML and working paper for download in PDF available via World Wide Web at the Social Science Research Network.
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| August 13, 2020 | Edited by MARC Bot | remove fake subjects |
| March 27, 2020 | Edited by Tom Morris | Fix author |
| May 6, 2011 | Created by ImportBot | initial import |