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Commodity futures contracts: Furnishing an elastic currency in the nineteenth century

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  • Santos, Joseph

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  • Santos, Joseph, 2003. "Commodity futures contracts: Furnishing an elastic currency in the nineteenth century," Journal of Macroeconomics, Elsevier, vol. 25(4), pages 561-578, December.
  • Handle: RePEc:eee:jmacro:v:25:y:2003:i:4:p:561-578
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    4. Morgan, C. W. & Rayner, A. J. & Ennew, C. T., 1994. "Price instability and commodity futures markets," World Development, Elsevier, vol. 22(11), pages 1729-1736, November.
    5. N. Gregory Mankiw & Jeffrey A. Miron, 1986. "The Changing Behavior of the Term Structure of Interest Rates," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 101(2), pages 211-228.
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    7. Mankiw, N Gregory & Miron, Jeffrey A & Weil, David N, 1987. "The Adjustment of Expectations to a Change in Regime: A Study of the Founding of the Federal Reserve," American Economic Review, American Economic Association, vol. 77(3), pages 358-374, June.
    8. Turnovsky, Stephen J & Campbell, Robert B, 1985. "The Stabilizing and Welfare Properties of Futures Markets: A Simulation Approach," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 26(2), pages 277-303, June.
    9. Simon Kuznets, 1933. "Seasonal Variations in Industry and Trade," NBER Books, National Bureau of Economic Research, Inc, number kuzn33-1, March.
    10. Wesley Clair Mitchell, 1927. "Business Cycles: The Problem and Its Setting," NBER Books, National Bureau of Economic Research, Inc, number mitc27-1, March.
    11. Fishe, Raymond P H, 1991. "The Federal Reserve Amendments of 1917: The Beginning of a Seasonal Note Issue Policy," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 23(3), pages 308-326, August.
    12. La Croix, Sumner J. & Grandy, Christopher, 1993. "Financial Integration in Antebellum America: Strengthening Bodenhorn's Results," The Journal of Economic History, Cambridge University Press, vol. 53(3), pages 653-658, September.
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    16. Barsky, Robert B. & Mankiw, N. Gregory & Miron, Jeffrey A. & Weill, David N., 1988. "The worldwide change in the behavior of interest rates and prices in 1914," European Economic Review, Elsevier, vol. 32(5), pages 1123-1147, June.
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    23. Joseph Santos, 2002. "Did Futures Markets Stabilise US Grain Prices?," Journal of Agricultural Economics, Wiley Blackwell, vol. 53(1), pages 25-36, March.
    24. Fishe, Raymond P H & Wohar, Mark, 1990. "The Adjustment of Expectations to a Change in Regime: Comment," American Economic Review, American Economic Association, vol. 80(4), pages 968-976, September.
    25. Gary E. Bond, 1984. "The Effects of Supply and Interest Rate Shocks in Commodity Futures Markets," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 66(3), pages 294-301.
    26. Bodenhorn, Howard, 1992. "Capital Mobility and Financial Integration in Antebellum America," The Journal of Economic History, Cambridge University Press, vol. 52(3), pages 585-610, September.
    27. Stephen Goldfeld & Richard Quandt, 1973. "The Estimation of Structural Shifts by Switching Regressions," NBER Chapters, in: Annals of Economic and Social Measurement, Volume 2, number 4, pages 475-485, National Bureau of Economic Research, Inc.
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