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Pirngruber, Reinhard: The Value of Silver: Wages as Guides to the Standard of Living in 1st Millennium BC Babylonia and Beyond (Version 01)

Abstract: This paper attempts to gauge the standard of living in Babylonia during the first millennium BC. To that purpose, Robert Allen's concept of a welfare ratio calculated by means of a consumption basket was adapted to match the specificities of the Babylonian economy.

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IOWP_Pirngruber_ValueofSilver_v01.pdf235.87 KB