Researchers Andreas Westermark of Sweden's Riksbank and Roger Svensson of the Research Institute for Industrial Economics have written a paper looking at the technique used in the middle ages known in Latin as "Renovatio Monetae" or "recoinage." "Could a Middle Ages Trick Help the ECB Increase Inflation and Raise Funds?," at 0818 GMT, misstated that Mr. Svensson worked for Riksbank in the third paragraph.

 

(END) Dow Jones Newswires

August 28, 2015 11:56 ET (15:56 GMT)

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