New Estimates of the Money Stock in France, 1493–1680
改进了1493-1680年法国货币存量的估计方法,通过模型区分铸币产出中的重铸部分以避免重复计算,并纳入货币损耗率,为经济史学者提供更准确的货币数据。
The money stock in France from 1493 to 1680 has not been well understood. Changes in the money stock have usually been represented by moving sums of annual mint output. Mint output, however, included large amounts of recoinage, resulting in double-counting. A model of mint output is estimated to determine the amount of recoinage. The money stock estimates are also improved by incorporating a constant rate of loss of coins.