Prices in the Medieval Near East and Europe Söderberg, Johan Paper given at Towards a Global History of Prices and Wages (2004) Abstract This paper explores some questions related to the price history of the Near East and Europe during medieval times : · How did price levels and trends in the Near East compare to those in Europe? · Did price volatility in the Near East differ from European levels? Was volatility reduced over time in any of these regions? · Can any price integration be discerned within the Near East, or between the Near East and Europe? · Were grain prices in the Near East affected by climatic factors to a higher degree than were European prices? These questions can be related to a wider issue: When did the economic decline of the Near East relative to Europe begin? Did Europe perform better during the medieval era?
Prices in the Medieval Near East and Europe
Söderberg, Johan Paper given at Towards a Global History of Prices and Wages (2004) Abstract This paper explores some questions related to the price history of the Near East and Europe during medieval times : · How did price levels and trends in the Near East compare to those in Europe? · Did price volatility in the Near East differ from European levels? Was volatility reduced over time in any of these regions? · Can any price integration be discerned within the Near East, or between the Near East and Europe? · Were grain prices in the Near East affected by climatic factors to a higher degree than were European prices? These questions can be related to a wider issue: When did the economic decline of the Near East relative to Europe begin? Did Europe perform better during the medieval era?
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