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Money in occupied New Orleans, 1862–1868: A test of Selgin’s “salvaging” of Gresham’s Law

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  • Gary Pecquet
  • Clifford Thies

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File URL: http://hdl.handle.net/10.1007/s11138-009-0090-8
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Bibliographic Info

Article provided by Springer in its journal The Review of Austrian Economics.

Volume (Year): 23 (2010)
Issue (Month): 2 (June)
Pages: 111-126

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Handle: RePEc:kap:revaec:v:23:y:2010:i:2:p:111-126

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Web page: http://www.springerlink.com/link.asp?id=100335

Related research

Keywords: Gresham’s law; Tax-backing theory of money; New Orleans; Reconstruction; E41; E65;

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References

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  1. Bordo, Michael D., 1986. "Explorations in monetary history: A survey of the literature," Explorations in Economic History, Elsevier, vol. 23(4), pages 339-415, October.
  2. Rolnick, Arthur J & Weber, Warren E, 1986. "Gresham's Law or Gresham's Fallacy?," Journal of Political Economy, University of Chicago Press, vol. 94(1), pages 185-99, February.
  3. Gary M. Pecquet & Clifford F. Thies, 2006. "Texas Treasury Warrants, 1861-1865: A Test Of The Tax-Backing Of Money," Eastern Economic Journal, Eastern Economic Association, vol. 32(2), pages 191-203, Spring.
  4. Pecquet, Gary M. & Thies, Clifford F., 2007. "Texas treasury notes and market manipulation, 1837-1842," Explorations in Economic History, Elsevier, vol. 44(1), pages 81-99, January.
  5. Selgin, George, 1996. "Salvaging Gresham's Law: The Good, the Bad, and the Illegal," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 28(4), pages 637-49, November.
  6. Bennett T. McCallum, 1992. "Money and Prices in Colonial America: A New Test of Competing Theories," NBER Working Papers 3383, National Bureau of Economic Research, Inc.
  7. Michener, Ronald, 1987. "Fixed exchange rates and the quantity theory in colonial America," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 27(1), pages 233-307, January.
  8. Bruce D. Smith, 1984. "Money and inflation in colonial Massachusetts," Quarterly Review, Federal Reserve Bank of Minneapolis, issue Win.
  9. Smith, Bruce D, 1985. "Some Colonial Evidence on Two Theories of Money: Maryland and the Carolinas," Journal of Political Economy, University of Chicago Press, vol. 93(6), pages 1178-1211, December.
  10. Greenfield, Robin L & Rockoff, Hugh, 1995. "Gresham's Law in Nineteenth-Century America," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 27(4), pages 1086-98, November.
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