Colonial Virginia's Paper Money Regime, 1755-1774: A Forensic Accounting Reconstruction of the Data
I reconstruct the data on Virginia's paper money regime using forensic accounting techniques. I correct the existing data on the amounts authorized and outstanding. In addition, I reconstruct yearly data on previously unknown aspects of Virginia's paper money regime, including printings, net new emissions, redemptions and removals, denominational structures, expected tax revenues, and specie accumulating in the treasury for paper money redemption. These new data form the foundation for narratives written on the social, economic, and political history of Virginia, as well as for testing models of colonial paper money performance.
|Date of creation:||2015|
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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Farley Grubb, 2012.
"Is Paper Money Just Paper Money? Experimentation and Variation in the Paper Monies Issued by the American Colonies from 1690 to 1775,"
NBER Working Papers
17997, National Bureau of Economic Research, Inc.
- Farley Grubb, 2015. "Is Paper Money Just Paper Money? Experimentation and Variation in the Paper Monies Issued by the American Colonies from 1690 to 1775," Working Papers 15-07, University of Delaware, Department of Economics.
- Hanson, John II, 1980. "Small notes in the American colonies," Explorations in Economic History, Elsevier, vol. 17(4), pages 411-420, October.
- 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. Full references (including those not matched with items on IDEAS)