Hostname: page-component-8448b6f56d-xtgtn Total loading time: 0 Render date: 2024-04-24T14:20:08.548Z Has data issue: false hasContentIssue false

Rural Credit Markets and Aggregate Shocks: The Experience of Nuits St. Georges, 1756–1776

Published online by Cambridge University Press:  03 March 2009

Jean-Laurent Rosenthal
Affiliation:
Associate Professor of Economics at UCLA, 405 Hilgard Ave., Los Angeles, CA 90024.

Abstract

Using a complete enumeration of credit contracts for a rural area in Burgundy, this article examines how credit markets functioned and what role they served. Credit markets distributed funds to a large fraction of the population, and they were organized to mediate problems of asymmetric information. A central constraint on credit markets, however, was the threat of government intervention. Because of this threat, capital markets remained relatively isolated from one another.

Type
Articles
Copyright
Copyright © The Economic History Association 1994

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

REFERENCES

Archives Departementales de la Côte d'Or, serie B, baillage de Nuits, jugements, 1768 to 1770.Google Scholar
Archives Departementales de la Côte d'Or, serie C, Rolles de tailles, Boxes 7048 to 7110.Google Scholar
Archives Departementales de la Côte d'Or, serie C, Controle des Actes, Registers 9844–9872.Google Scholar
Carriere, Charles, Banque et capitalisme commercial, l'evolution de la lettre de change (Marseille, 1976).Google Scholar
Chaussinand-Nogaret, Guy, Les financiers du Languedoc au XVIIIe siècle (Paris, 1980).Google Scholar
Dellile, Gerard, “Le trop et le trop peu: capitaux et rapports de pouvoir dans un village de l'Italie du sud au XVIIIe siècle” (Photocopy, Ecole des Hautes Etudes en Science Sociales, Paris, 1993).Google Scholar
Dupaquier, Jacques, Histoire de la population française aux XVIIIe et XIXe siècles (Paris, 1988).CrossRefGoogle Scholar
Fontaine, Laurence, “Espace, signification et usage de la dette dans la société alpine” (Photocopy, Centre National pour la Recherche Scientifique, Lyons, 1993).Google Scholar
Hoffman, Philip, Postel-Vinay, Gilles, and Rosenthal, Jean-Laurent, “Private Credit Markets in Paris 1690–1840,” this Journal, 52 (06 1992), pp. 293306.Google Scholar
Hoffman, Philip, Postel-Vinay, Gilles, and Rosenthal, Jean-Laurent, “What Do Notaries Do? The Social Context of Credit in Paris” (Photocopy, California Institute of Technology, 1993).Google Scholar
Hoffman, Philip, Postel-Vinay, Gilles, and Rosenthal, Jean-Laurent, “Economie et politique. Les marchés du crédit á; Paris 1750–1840,” Annales E.S.C. (forthcoming, 01 1994).Google Scholar
Lavalle, Jean, Histoire et statistique de la vigne et des grands vins de la Côte d'Or (Dijon, 1855).Google Scholar
Moulinas, RenéLes juifs du pape (Paris, 1984).Google Scholar
Rosenthal, Jean-Laurent, “Credit Markets and Economic Change in Southeastern France,” Explorations in Economic History, 30 (1993), pp. 129–57.CrossRefGoogle Scholar
Rosenthal, Jean-Laurent, “The Revolution and Financial Markets: A Look Beyond Government Debt” (Photocopy, UCLA, 1993).Google Scholar
Saint-Jacob, Pierre de, Les paysans de la Bourgogne du Nord (Paris, 1960).Google Scholar
Servais, Paul, La rente dans le ban de Herve (Brussels, 1984).Google Scholar
Vardi, Liana, The Land and the Loom (Durham, NC, 1993).Google Scholar
Winnige, Norbert, “Credit in Germany after the Thirty Years' War” (Photocopy, Max-Planck Institute, Gottingen, 1993).Google Scholar
Weir, David, “Life under Pressure: France and England, 1690–1870,” this Journal, 44 (01 1984), pp. 2744.Google Scholar