Looking for Dark Matter Credit: Exploring Notarial Credit Markets in Antwerp and its Surroundings ca. 1835

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Abstract

Abstract

This chapter investigates the notarial credit markets in Antwerp and its environs during the early nineteenth century, with a focus on their structure, functioning and flows. Prior to the twentieth century, notarial credit markets played a significant role in supplying substantial investment capital to both firms and households. However, knowledge regarding these markets, particularly outside of France, is limited. Leveraging a newly compiled dataset of notarized loans, we employ descriptive statistics, geographical mapping and social network analysis to analyze the dynamics of the credit market. Our findings indicate a sizable and expansive urban credit market, wherein affluent creditors dominated, yet the middling classes also actively participate as debtors. Credit transactions primarily circulated within the city or its surrounding countryside, while the city was well connected to surrounding municipalities and more distant large cities. Contrasting with village notaries, those situated in Antwerp showed a broader geographical reach, engaging in credit transactions not only within Belgium but also extending internationally. This research contributes to a nuanced understanding of notarial credit markets beyond the scope of nineteenth-century France.
Original languageEnglish
Title of host publicationCredit Networks in The Preindustrial World
Subtitle of host publicationA Social Network Analysis Approach
EditorsElise M. Dermineur, Matteo Pompermaier
Place of PublicationCham
PublisherPalgrave Macmillan
Chapter12
Number of pages30
Edition1
ISBN (Electronic)978-3-031-67119-7
ISBN (Print)978-3-031-67116-6
DOIs
Publication statusPublished - 26 Dec 2024

Publication series

NamePalgrave Studies in the History of Finance
PublisherPalgrave Macmillan
ISSN (Print)2662-5164
ISSN (Electronic)2662-5172

Keywords

  • Notarial credit
  • SOCIAL NETWORKS
  • 19th Century
  • Low Countries
  • Antwerp
  • GIS methods

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