Check nearby libraries
Buy this book
In this paper I use a theoretical hierarchy of financial sources to evaluate the effectiveness of financial markets in the early Roman Empire. I first review the theory of financial intermediation to describe the hierarchy of financial sources and survey briefly the history of financial intermediation in pre-industrial Western Europe to provide a standard against which to evaluate the Roman evidence. I then describe the nature of financial arrangements in the early Roman Empire in terms of this hierarchy. The issue turns out to be not whether financial markets in Rome resembled those in other advanced agricultural economies, but rather which 18th century European economy did it resemble most closely. This exercise reveals the extent to which the Roman economy resembled more recent societies and sheds light on the prospects for economic growth in the Roman Empire, for good financial markets and institutions help people who have ideas for production get resources to implement those ideas. Keywords: Roman Empire, Banking, Credit. JEL Classification: N23, G21.
Check nearby libraries
Buy this book
Previews available in: English
Showing 1 featured edition. View all 1 editions?
Edition | Availability |
---|---|
1
Financial intermediation in the early Roman Empire
2002, Massachusetts Institute of Technology, Dept. of Economics
in English
|
aaaa
Libraries near you:
WorldCat
|
Book Details
Published in
Cambridge, MA
Edition Notes
"October 2002."
Includes bibliographical references (p. 31-34).
Abstract in HTML and working paper for download in PDF available via World Wide Web at the Social Science Research Network.
The Physical Object
ID Numbers
Community Reviews (0)
Feedback?August 13, 2020 | Edited by MARC Bot | remove fake subjects |
April 30, 2011 | Created by ImportBot | initial import |