Affiliation:
1. MIT, Sloan School of Management (email: )
2. University of Exeter (email: )
3. UCLA, Anderson School of Management, NBER, and CEPR (email: )
Abstract
We study the emergence of urban self-governance in the late medieval period. We focus on England after the Norman Conquest of 1066, building a novel comprehensive dataset of 554 medieval towns. During the Commercial Revolution (twelfth to thirteenth centuries), many merchant towns obtained Farm Grants: the right of self-governed tax collection and law enforcement. Self-governance, in turn, was a stepping stone for parliamentary representation: Farm Grant towns were much more likely to be summoned directly to the medieval English Parliament than otherwise similar towns. We also show that self-governed towns strengthened the role of Parliament and shaped national institutions over the subsequent centuries. (JEL D02, D72, D73, K11, K34, N43, N93)
Publisher
American Economic Association
Subject
Economics and Econometrics
Cited by
18 articles.
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