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Peer reviewedGoldstone, Jack A. – American Journal of Sociology, 1984
A model of the impact of urban networks on monetary circulation is developed. The author argues that considering the effects of urbanization and occupational specialization on the velocity of money provides a fuller understanding of English inflation from 1500-1650 than traditional explanations focusing on population growth or changes in the money…
Descriptors: Economic Research, European History, Foreign Countries, Inflation (Economics)
