ABMPC-EMS
An Early Modern System
"In contrast to the centuries during which it had charged for the money, the (English) government now paid for the currency it enabled."
— DESAN, C. (2015). Making Money: Coin, Currency, and the Coming of Capitalism. Oxford University Press. p. 296
Model Run Parameters
The model consumes real-world UK economic time-series data ranging from 1698 to 1974.
- Government Expenditure (Yearly): Millennium Dataset: Sheet A27. Central Government Revenue and Expenditure: Great Britain 1688-1801, United Kingdom 1801-2016. (Total Expenditure 'TME' minus interest payments.)
- Taxation Rate: 37%
- Interest Rate 0%
- For reference, if running with interest rates. BoE: Rate on Interest Bearing Government money Issued: Millennium Dataset: Sheet A31. Nominal and real interest rates, asset prices and yields.
- Coupon Rate: 0%
Military Events
Perrett, B. (2007) British Military History For Dummies. Chichester: John Wiley & Sons. ISBN: 9780470032138
EMS Data App
Visit the early modern system data app.