The organization and rise of land and lease markets in northwestern Europe and Italy, c. 1000–1800

Abstract

ABSTRACTIn the course of the late Middle Ages and early modern period, in Western Europe, ways of transferring and redistributing land outside the market were replaced by market transactions. This, however, was by no means a general and unilinear process, but one that displays strong regional differences and temporal discontinuities. This article aims to gain more insight in the factors underlying these differences, by reconstructing and analysing the institutional organization of exchange in land and lease markets. The analysis, undertaken for northwestern Europe and Italy, points to the socio-political context as a main determinant of this organization.