Revisiting the notes on the history of the interest rate: bonds’ markets in the Republic of Genoa’
Chilosi, D.
(2015).
Revisiting the notes on the history of the interest rate: bonds’ markets in the Republic of Genoa’.
In
Comité pour l'histoire économique et financière de la France
(Ed.),
Ressources publiques et construction étatique en Europe XIIIe-XVIIIe siècle
.
Institut de la gestion publique et du développement économique.
(2015).
Revisiting the notes on the history of the interest rate: bonds’ markets in the Republic of Genoa’.
In
Comité pour l'histoire économique et financière de la France
(Ed.),
Ressources publiques et construction étatique en Europe XIIIe-XVIIIe siècle
.
Institut de la gestion publique et du développement économique.
This paper revisits Carlo Maria Cipolla’s “Notes on the history of the interest rate”. It finds the data to be reliable and explores their implications for our understanding of the relationship between interest rates and market yields of the Republic of Genoa’s public bonds across the transition from a forced loans system into an open primary market.