Quantitative Studies of the Renaissance Florentine Economy and Society

Richard T. Lindholm

Description

A collection of nine quantitative studies – each probing one aspect of Renaissance Florentine economy and society

Quantitative Studies of the Renaissance Florentine Economy and Society is a collection of nine quantitative studies probing aspects of Renaissance Florentine economy and society. The collection, organized by topic, source material and analysis methods, discusses risk and return, specifically the population’s responses to the plague and also the measurement of interest rates. The work analyzes the population’s wealth distribution, the impact of taxes and subsidies on art and architecture, the level of neighborhood segregation and the accumulation of wealth. Additionally, this study assesses the competitiveness of Florentine markets and the level of monopoly power, the nature of women’s work and the impact of business risk on the organization of industrial production.

List of Illustrations; Preface; Acknowledgments; List of Abbreviations; Introduction; Part I. Risks and Returns; Chapter One The Costs and Benefits of Running Away: Late Medieval Florentine Plague Mortality and Behavior; Chapter Two When Economic Theory Meets Medieval Contracts: Calculating the Monte Comune Interest Rate; Part II. Society; Chapter Three The Chances of Getting Rich in Renaissance Florence: The Wool Industry Occupational Wealth Hierarchy; Chapter Four Palaces and Workers: Neighborhood Residential Segregation in Renaissance Florence; Chapter Five The “State” Makes a Work of Art: The Impact of the Catasto Homeowner Tax Loophole on the Quattrocento Florentine Palazzo Building Boom; Chapter Six Not Getting Ahead in Life: The Lack of Life- Cycle Wealth Accumulation in Quattrocento Tuscany; Part III. Work; Chapter Seven Just Doing Business: Testing Competition in the Renaissance Florentine Wool Industry; Chapter Eight Time for It All: Women in the Renaissance Florentine Wool Industry; Chapter Nine Why Were Renaissance Florentine Wool Industry Companies So Small?; Conclusion; Glossary; Bibliography; Index.

Sujets

• HISTORY
• Italy
• History of Europe
• My Last Duchess
• Renaissance
• Europe

Informations

• Publié par: Anthem Press
• Date de parution: 02 janvier 2017
• Nombre de lectures: 0
• EAN13: 9781783086382
• Langue: English
• Poids de l'ouvrage: 1 Mo

Extrait

Quantitative Studies of the Renaissance Florentine Economy and Society
ANTHEM OTHER CANON ECONOMICS
The Anthem Other Canon Economics series is a collaboration between Anthem Press and the Other Canon Foundation. The Other Canon—also described as ‘reality economics’—studies the economy as a real object rather than as the behaviour of a model economy based on core axioms, assumptions and techniques. The series includes both classical and contemporary works in this tradition, spanning evolutionary, institutional and Post-Keynesian economics, the history of economic thought and economic policy, economic sociology and technology governance, and works on the theory of uneven development and in the tradition of the German historical school.

Series Editors
Erik S. Reinert—Chairman, The Other Canon Foundation, Norway, and Tallinn University of Technology, Estonia
Rainer Kattel—Tallinn University of Technology, Estonia
Wolfgang Drechsler—Tallinn University of Technology, Estonia

Editorial Board
Ha-Joon Chang—University of Cambridge, UK
Mario Cimoli—UNECLAC, Chile
Jayati Ghosh—Jawaharlal Nehru University, India
Steven Kaplan—Cornell University, USA, and University of Versailles, France
Jan Kregel—University of Missouri, USA, and Tallinn University of Technology, Estonia
Bengt Åke Lundvall—Aalborg University, Denmark
Richard Nelson—Columbia University, USA
Keith Nurse—University of the West Indies, Barbados
Patrick O’Brien—London School of Economics and Political Science (LSE), UK
Carlota Perez—Judge Institute, University of Cambridge, UK
Alessandro Roncaglia—Sapienza University of Rome, Italy
Jomo Kwame Sundaram—Food and Agriculture Organization of the United Nations, Italy
Quantitative Studies of the Renaissance Florentine Economy and Society
Richard T. Lindholm
Anthem Press

An imprint of Wimbledon Publishing Company

www.anthempress.com
This edition first published in UK and USA 2017

by ANTHEM PRESS

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or PO Box 9779, London SW19 7ZG, UK
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© Richard T. Lindholm 2017

The author asserts the moral right to be identified as the author of this work.

All rights reserved. Without limiting the rights under copyright reserved above,

no part of this publication may be reproduced, stored or introduced into

a retrieval system, or transmitted, in any form or by any means

(electronic, mechanical, photocopying, recording or otherwise),

without the prior written permission of both the copyright

owner and the above publisher of this book.

British Library Cataloguing-in-Publication Data

A catalogue record for this book is available from the British Library.

Library of Congress Cataloging-in-Publication Data

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ISBN-13: 978-1-78308-636-8 (Hbk)
ISBN-10: 1-78308-636-X (Hbk)

This title is also available as an e-book.
To my family: Richard, Marjorie and Valaya
CONTENTS
List of Illustrations
Preface
Acknowledgments
List of Abbreviations
Introduction
Part I. RISKS AND RETURNS Chapter One The Costs and Benefits of Running Away: Late Medieval Florentine Plague Mortality and Behavior Chapter Two When Economic Theory Meets Medieval Contracts: Calculating the Monte Comune Interest Rate
Part II. SOCIETY Chapter Three The Chances of Getting Rich in Renaissance Florence: The Wool Industry Occupational Wealth Hierarchy Chapter Four Palaces and Workers: Neighborhood Residential Segregation in Renaissance Florence Chapter Five The “State” Makes a Work of Art: The Impact of the Catasto Homeowner Tax Loophole on the Quattrocento Florentine Palazzo Building Boom Chapter Six Not Getting Ahead in Life: The Lack of Life-Cycle Wealth Accumulation in Quattrocento Tuscany
Part III. WORK Chapter Seven Just Doing Business: Testing Competition in the Renaissance Florentine Wool Industry Chapter Eight Time for It All: Women in the Renaissance Florentine Wool Industry Chapter Nine Why Were Renaissance Florentine Wool Industry Companies So Small?
Conclusion
Glossary
Bibliography
Index
ILLUSTRATIONS
Tables
1.1 SUR system for monthly seasonality estimates of quattrino-to-florin exchange rates, 1389–1432
2.1 Pezzolo’s time series of Florentine Monte Comune rates
2.2 Correlation between coupon rate and estimated interest rate
3.1 Results of arte maggiore versus popolo minuto wealth differences test
3.2 Wool industry occupational taxable wealth, 1427
3.3 Number and percentage of workers in wool industry in top ten and miserabili , 1427
3.4 Wool industry occupations in order of production
4.1 Percentage distribution of households by class and century, based on Cohn
4.2 Arte maggiore to popolo minuto core to periphery chi-squared, 1352–1427
4.3 Arte maggiore to popolo minuto ratio concentration, 1352–1427
4.4 Arte maggiore to popolo minuto core to periphery chi-squared, 1427–80
4.5 Arte maggiore to popolo minuto ratio concentration, 1427–80
4.6 Summary of test of core versus periphery and segregation versus integration hypotheses
5.1 Tax rate table of 1442 diecina graziosa
5.2 Estimates of fifteenth-century Florentine population
5.3 Counts and percentages of owners and renters in Florence, 1427–80
5.4 Owner-occupied dwelling units as a percentage of all occupied dwelling units, United States, 1850–1970
5.5 Homeownership rates in Organization of Economic Cooperation and Development (OECD) countries, circa 1992 and circa 2004
5.6 Florentine share of households by demographic category, 1427–80
5.7 Florentine homeownership by demographic category, 1427–80
5.8A Florentine ownership rate by household size, 1427–80
5.8B Florentine owner and renter household size descriptive statistics, 1427–80
5.9A Florentine ownership rate by age, 1427–80
5.9B Florentine owner and renter age descriptive statistics, 1427–80
5.10A Florentine ownership rate by property assets level, 1427–80
5.10B Florentine owner and renter property assets level descriptive statistics, 1427–80
5.11 Quattrocento homeownership changes: logistic regression results
6.1 Indices of taxable wealth holding by region of the Florentine territories by age for males age 16 and older, 1427
6.2 Regressions of 1427 City of Florence asset/wealth holding by age for males age 16 and older
6.3 Regressions of 1427 Florentine contado taxable wealth holding by age for males age 16 and older
6.4 Regressions of 1427 Eastern Tuscany taxable wealth holding by age for males age 16 and older
6.5 Regressions of 1427 Western Tuscany taxable wealth holding by age for males age 16 and older
6.6 Distribution statistics of male household heads by age category, Florence, 1427
6.7 Regressions of 1427 City of Florence asset/wealth holding by age for males age 16 and older who are not homeowners
6.8 Taxable wealth by household category, City of Florence, 1427
6.9 Regression of 1427 City of Florence taxable wealth by age for indicators of status and wealth (top 10 percent of households in taxable wealth, arte maggiore members, having a family surname and homeownership) headed by males age 16 and older
6.10 Simulation of missing household wealth: all fiscal households and only home-owning fiscal households with male household heads age 16 and older
6.11 Regressions of 1427 City of Florence taxable wealth holding by age for males age 16 and older by occupation
7.1 Summary of tests of Florentine wool industry market competitiveness
7.2 Florentine wool industry production shares by company, 1427
7.3 Summary of test results by choice of proxy for spinning production step and overall
7.4 Construction of weaving proxy variable: regression results
7.5 Results of the Lanini tests
7.6 Estimation of unrestricted and restricted seemingly unrelated regressions equations for Lanini
7.7 Results of the Stamaiuoli tests
7.8 Estimation of unrestricted and restricted seemingly unrelated regressions equations for Stamaiuoli
8.1 Wool industry occupation by gender
8.2 Location of work in the wool industry by occupation and by gender, fourteenth through sixteenth centuries
8.3 Gross pay by lot by gender of weaver for Giuliano di Rafaello de’Medici and Company, wool manufacturers, 1547–53
8.4 Type of cloth produced by gender of weaver for Giuliano di Rafaello de’Medici and Company, wool manufacturers, 1547–53
8.5 Days between weaving and sale by type of cloth for Giuliano di Rafaello de’Medici and Company, wool manufacturers, 1547–53
9.1 Williamson efficiency criteria: comparison of modern industrial capitalist authority relation with medieval putting-out system
9.2 Wool manufacturing production steps with those that employed factors noted
9.3 Location of work by step in wool manufacturing production process
9.4 Number of weavers employed by Medici-Tornaquinci companies, 1431–1558
Figures
1.1 Comparison of seasonal mortality rates based on two leading theories