A New Approach to Explaining the Value of Colonial Paper Money: Evidence from New Jersey, 1709-1775
Download full text from publisher
References listed on IDEAS
- Alvin Rabushka, 2008. "Introduction to Taxation in Colonial America," Introductory Chapters,in: Taxation in Colonial America Princeton University Press.
- Officer, Lawrence H., 2005. "The quantity theory in New England, 1703-1749: new data to analyze an old question," Explorations in Economic History, Elsevier, vol. 42(1), pages 101-121, January.
- McCallum, Bennett T, 1992.
"Money and Prices in Colonial America: A New Test of Competing Theories,"
Journal of Political Economy,
University of Chicago Press, vol. 100(1), pages 143-161, February.
- Bennett T. McCallum, 1990. "Money and Prices in Colonial America: A New Test of Competing Theories," NBER Working Papers 3383, National Bureau of Economic Research, Inc.
- Sumner, Scott, 1993. "Colonial Currency and the Quantity Theory of Money: A Critique of Smith's Interpretation," The Journal of Economic History, Cambridge University Press, vol. 53(01), pages 139-145, March.
- Thomas J. Sargent, 1982. "The Ends of Four Big Inflations," NBER Chapters,in: Inflation: Causes and Effects, pages 41-98 National Bureau of Economic Research, Inc.
- Hanson, John R, II, 1979. "Money in the Colonial American Economy: An Extension," Economic Inquiry, Western Economic Association International, vol. 17(2), pages 281-286, April.
- Rousseau, Peter L., 2006.
"A common currency: early US monetary policy and the transition to the dollar,"
Financial History Review,
Cambridge University Press, vol. 13(01), pages 97-122, April.
- Peter L. Rousseau, 2004. "A Common Currency: Early U.S. Monetary Policy and the Transition to the Dollar," NBER Working Papers 10702, National Bureau of Economic Research, Inc.
- Farley Grubb, 2003. "Creating the U.S. Dollar Currency Union, 1748–1811: A Quest for Monetary Stability or a Usurpation of State Sovereignty for Personal Gain?," American Economic Review, American Economic Association, vol. 93(5), pages 1778-1798, December.
- Grubb, Farley, 1988. "The Auction of Redemptioner Servants, Philadelphia, 1771–1804: An Economic Analysis," The Journal of Economic History, Cambridge University Press, vol. 48(03), pages 583-603, September.
- Michener, Ron, 1988. "Backing Theories and the Currencies of Eighteenth-Century America: A Comment," The Journal of Economic History, Cambridge University Press, vol. 48(03), pages 682-692, September.
- Thayer, Theodore, 1953. "The Land-Bank System in the American Colonies," The Journal of Economic History, Cambridge University Press, vol. 13(02), pages 145-159, March.
- Bruce D. Smith, 1985. "American Colonial Monetary Regimes: The Failure of the Quantity Theory and Some Evidence in Favour of an Alternative View," Canadian Journal of Economics, Canadian Economics Association, vol. 18(3), pages 531-565, August.
- Rousseau, Peter L. & Stroup, Caleb, 2011.
"Monetization and growth in colonial New England, 1703–1749,"
Explorations in Economic History,
Elsevier, vol. 48(4), pages 600-613.
- Peter L. Rousseau & Caleb Stroup, 2010. "Monetization and Growth in Colonial New England, 1703-1749," NBER Working Papers 16190, National Bureau of Economic Research, Inc.
- Caleb Stroup & Peter Rousseau, 2010. "Monetization and Growth in Colonial New England, 1703-1749," Working Papers 10-01, Davidson College, Department of Economics.
More about this item
Keywordscommodity money; currency depreciation; exchange rates; fiat currency; fiscal backing theory of money; land banks; money supply; present value; price inflation; purchasing power parity; quantity theory of money; Seven Year’s War; value of money; zero-interest bearer bonds;
- E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
- E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System
- E51 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Money Supply; Credit; Money Multipliers
- N11 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - U.S.; Canada: Pre-1913
- N21 - Economic History - - Financial Markets and Institutions - - - U.S.; Canada: Pre-1913
- N41 - Economic History - - Government, War, Law, International Relations, and Regulation - - - U.S.; Canada: Pre-1913
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-ALL-2014-04-05 (All new papers)
- NEP-HIS-2014-04-05 (Business, Economic & Financial History)
- NEP-HPE-2014-04-05 (History & Philosophy of Economics)
- NEP-MAC-2014-04-05 (Macroeconomics)
- NEP-MON-2014-04-05 (Monetary Economics)
StatisticsAccess and download statistics
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:dlw:wpaper:14-08.. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Saul Hoffman). General contact details of provider: http://edirc.repec.org/data/deudeus.html .