Medieval foreign exchange: a time series analysis

Bell, A. ORCID: https://orcid.org/0000-0003-4531-0072, Brooks, C. ORCID: https://orcid.org/0000-0002-2668-1153 and Moore, T. (2013) Medieval foreign exchange: a time series analysis. In: Casson, M. ORCID: https://orcid.org/0000-0003-2907-6538 and Hashimzade, N. (eds.) Large Databases in Economic History: Research Methods and Case Studies. Routledge Explorations in Economic History. Routledge, Abingdon, pp. 97-123. ISBN 9780415820684

Abstract/Summary

This chapter applies rigorous statistical analysis to existing datasets of medieval exchange rates quoted in merchants’ letters sent from Barcelona, Bruges and Venice between 1380 and 1310, which survive in the archive of Francesco di Marco Datini of Prato. First, it tests the exchange rates for stationarity. Second, it uses regression analysis to examine the seasonality of exchange rates at the three financial centres and compares them against contemporary descriptions by the merchant Giovanni di Antonio da Uzzano. Third, it tests for structural breaks in the exchange rate series.

Item Type	Book or Report Section
URI	https://reading-clone.eprints-hosting.org/id/eprint/35341
Refereed	Yes
Divisions	Henley Business School > Finance and Accounting
Publisher	Routledge
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