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?