Money And Prices In The Early Roman Empire
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Money and Prices in the Early Roman Empire
Author | : David Kessler |
Publisher | : |
Total Pages | : 32 |
Release | : 2005 |
Genre | : |
ISBN | : |
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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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