This paper studies the evidence for the existence of a labour market, a market for agricultural land, and a market for capital in Babylonia from the sixth to the third century bce. The argument is informed by our current understanding of the performance of Babylonian commodity markets, for which abundant quantitative information is available. I attempt to establish a connection between the general political and socio-economic development in Babylonia from the sixth century onwards and the increase and decrease of the role that can be attributed to factor markets.
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Baker Heather D. & Jursa Michael Approaching the Babylonian Economy 2005 Alter Orient und Altes Testament 330 Proceedings of the START Project Symposium 1-3 July 2004 Vienna Münster Ugarit-Verlag
Beaulieu Paul-Alain Bongenaar Arminius C.V. A Finger in Every Pie: The Institutional Connections of a Family of Entrepreneurs in Neo-Babylonian Larsa Interdependency of Institutions and Private Entrepreneurs 2000 MOS Studies 2 Leiden NINO 43 72
Beaulieu Paul-Alain Baker Heather D. & Jursa Michael Eanna’s Contribution to the Construction of the North Palace at Babylon Approaching the Babylonian Economy 2005 Münster Ugarit-Verlag 45 73
Boij Tom A “Babylonian” Scribe in Hellenistic Uruk Nouvelles Assyriologiques Brèves Utilitaires 2011 26 2 35 36
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Jursa Michael Baker Heather D & Jursa Michael Das Archiv von Bēl-eṭēri-Šamaš Approaching the Babylonian Economy 2005b Münster Ugarit-Verlag 197 268
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Royal estates in Stolper 2007: no. 19; land grants to Iranian officials: e.g., be 9, 102, oect 12 ab 243, oect 10, 192; see Stolper 1995: 224; estates of Persian nobles and members of the royal family: e.g., Stolper 2006, 2007: nos. 6 and 15; estates of royal officials of Babylonian extraction: e.g., oect 10, 197; much of the evidence from the Tattannu and Bābāya (“Kasr”) archives also belongs here, Jursa 2005: 61, 94-97.
See Pirngruber 2012: 34-36 on the difficulty in interpreting these data. Pirngruber does not see in these prices convincing evidence for a contraction of the money supply and rightly points out that, throughout the fifth century, as far as we know, prices remained high, while the fall in prices in the fourth century occurred in a short period, of forty to fifty years. Our assumption is that some deflation is probable a priori but that the price development was influenced also by other short-term factors.
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This paper studies the evidence for the existence of a labour market, a market for agricultural land, and a market for capital in Babylonia from the sixth to the third century bce. The argument is informed by our current understanding of the performance of Babylonian commodity markets, for which abundant quantitative information is available. I attempt to establish a connection between the general political and socio-economic development in Babylonia from the sixth century onwards and the increase and decrease of the role that can be attributed to factor markets.
All Time | Past 365 days | Past 30 Days | |
---|---|---|---|
Abstract Views | 445 | 54 | 4 |
Full Text Views | 144 | 3 | 2 |
PDF Views & Downloads | 89 | 8 | 3 |