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Did the Philippine Islands have a currency board during the American colonization period?

Author

Listed:
  • Ryan FREEDMAN

    (Applied Economics, Global Health, and the Study of Business Enterprise)

Abstract

The Philippine monetary system and data from 1903–1948 are examined, using general observations and statistical tests to determine to what extent the system operated as a currency board. This paper makes detailed annual balance sheets of the monetary system available in machine-readable form for the first time, in a companion Excel workbook.

Suggested Citation

  • Ryan FREEDMAN, 2018. "Did the Philippine Islands have a currency board during the American colonization period?," Turkish Economic Review, EconSciences Journals, vol. 5(3), pages 308-327, October.
    • Handle: RePEc:cvv:journ2:v:5:y:2018:i:3:p:308-327
    as

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    References listed on IDEAS

    as
    1. E. W. Kemmerer, 1905. "The Establishment of the Gold Exchange Standard in the Philippines," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 19(4), pages 585-609.
    2. Treadgold, Malcolm L., 2003. "The Philippine currency board arrangement, 1945 48: a case of deflationary bias?," Financial History Review, Cambridge University Press, vol. 10(01), pages 57-74, April.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

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    JEL classification:

    • E59 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Other
    • N15 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Asia including Middle East

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