D. Delacroix et al., TO FINE OR TO PUNISH IN THE LATE-MIDDLE-AGES - A TIME-SERIES ANALYSISOF JUSTICE ADMINISTRATION IN NIVELLES, 1424-1536, Applied economics, 28(10), 1996, pp. 1213-1224
Time-series techniques are used to analyse long-historical data on the
budget of the Court of Nivelles (Belgium) in the late Middle Ages. Th
e unidirectional causality from receipts to expenditures supports the
idea that this mediaeval system was a fine-focused (tax-oriented) cont
rol system. However, empirical evidence on the presence of changes in
receipt collection around 1520 favours the hypothesis of the decline o
f the mediaeval, urban-based, tax-oriented system and its transformati
on into a system based on punishment.