England recovered slowly after the Black Death, but countries which debased more saw rising prices and earlier population growth and economic recovery. We examine debasement in England, France, Flanders, and Scotland, emphasising the importance of nominal prices and governments’ role in determining and enforcing monetary policy. Money, as well as demography, strongly influenced the behaviour of prices in later medieval Europe, and price changes had profound economic effects. Population levels depend on mortality and fertility. It is not clear that mortality in England was more severe than elsewhere, but the English economic recession could have affected fertility and nuptiality.

英格兰在黑死病后缓慢复苏，但贬值更多的国家看到了价格上涨和较早的人口增长和经济复苏。我们研究了英格兰、法国、法兰德斯和苏格兰的贬值，强调名义价格的重要性以及政府在确定和执行货币政策中的作用。货币以及人口统计学都强烈影响了中世纪后期欧洲的价格行为，而价格变化对经济产生了深远的影响。人口水平取决于死亡率和生育率。目前尚不清楚英格兰的死亡率是否比其他地方更严重，但英国的经济衰退可能会影响生育率和结婚率。