Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/247010 
Year of Publication: 
2015
Series/Report no.: 
EHES Working Papers in Economic History No. 79
Publisher: 
European Historical Economics Society (EHES), s.l.
Abstract: 
Men of finance raised funds for loans, asientos, to Philip II by trading short-term financial instruments in credit markets and by selling long-term annuities, juros. These activities are illustrated by an asiento with the Maluenda brothers (July 13, 1595), where short-term credit secured by the equity of the fleets from the Indies were, for more than one half, converted into funded life annuities that were sold by the Maluendas. The new analysis of this asiento relies on its dossier of more than 400 pages in the archives of Simancas, including the contract, the monitoring attachments, and the final audit.
Subjects: 
public finances
Philip II
asientos
juros
methodology
archives
verification
JEL: 
N01
N13
N23
N43
Document Type: 
Working Paper

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