The wool market was extremely important to the English medieval
economy and wool dominated the English export trade from the late
thirteenth century to its decline in the late fifteenth century.
Wool was at the forefront of the establishment of England as a
European political and economic power and this 2007 volume was the
first study of the medieval wool market in over 20 years. It
investigates in detail the scale and scope of advance contracts for
the sale of wool; the majority of these agreements were formed
between English monasteries and Italian merchants, and the book
focuses on the data contained within them. The pricing structures
and market efficiency of the agreements are examined, employing
practices from modern finance. A detailed case study of the impact
of entering into such agreements on medieval English monasteries is
also presented, using the example of Pipewell Abbey in
Northamptonshire.
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