Stockholm Papers in Economic History
Department of Economic History, Stockholm University
Swedish monetary standards in historical perspective
Abstract: This paper classifies the monetary standards in Sweden
from the Middle Ages to the present, and gives an overview of the various
currencies that were in use. During most of Sweden’s history, a commodity
standard was in place, while the fiat standard is a rather late innovation.
The classification into monetary standards is also related to the issue of
debasement under the commodity standard and the mechanisms behind the rise
of multiple currencies.
Keywords: monetary history; monetary standard; Sweden; (follow links to similar papers)
JEL-Codes: E42; N13; N14; N23; N24; (follow links to similar papers)
56 pages, May 24, 2009
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Full text versions of the paper:
- This paper is published as:
Edvinsson, Rodney, (2010), 'Swedish monetary standards in historical perspective' in Edvinsson, Rodney, Tor Jacobson and Daniel Waldenström (eds.) Historical Monetary and Financial Statistics for Sweden: Exchange rates, prices and wages 1277–2008, chapter 2, pages 26-66, Sveriges Riksbank, Ekerlids förlag, ISBN 978-91-7092-124-7.
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