Scandinavian Working Papers in Economics

Stockholm Papers in Economic History,
Stockholm University, Department of Economic History

No 6: Swedish monetary standards in historical perspective

Rodney Edvinsson ()
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Rodney Edvinsson: Dept. of Economic History, Stockholm University, Postal: Department of Economic History , Stockholm University , SE 106 91 STOCKHOLM, Sweden

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

JEL-codes: E42; N13; N14; N23; N24

56 pages, May 24, 2009

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