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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.