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Category: Andreas Westermark

Current Scholarship
Seigniorage through Periodic Recoinage: When the Validity of Money Was Restricted in Time

Roger Svensson, Research Institute of Industrial Economics, Andreas Westermark,Sveriges Riksbank

A monetary system called periodic re-coinage was used during almost 200 years in large part of medieval Europe.
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Seigniorage through Periodic Recoinage: When the Validity of Money Was Restricted in Time”

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