IDEAS home Printed from https://ideas.repec.org/p/ris/jhisae/0030.html
   My bibliography  Save this paper

Estimating Percentage Changes in Nominal GDP for Select Currency Board Episodes, 1929-1950

Author

Listed:
  • Hong, Joshua

    (The Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise)

Abstract

It is easy to find data on nominal national income for most countries since about 1950. However, data are scarce for numerous countries that had currency boards during the period before the late 1940s. Using monetary data for select currency board episodes and the equation summarizing the quantity theory of money, MV = PT, this study estimates year-over-year percentage changes in nominal gross domestic product for currency board episodes from 1929 to 1950. The period is to be divided into two separate time frames, the first covering the years 1929-1938, or the Great Depression and the pre=World War II era, and the second covering the years 1939-1950, or World War II and after.

Suggested Citation

  • Hong, Joshua, 2015. "Estimating Percentage Changes in Nominal GDP for Select Currency Board Episodes, 1929-1950," Studies in Applied Economics 30, The Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise.
    • Handle: RePEc:ris:jhisae:0030
    as

    Download full text from publisher

    File URL: https://sites.krieger.jhu.edu/iae/files/2017/04/Joshua_Hong_NGDP_Working_Paper.pdf
    File Function: Full text
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Currency board; national income; nominal GDP; Quantity Equation; Quantity Theory;
    All these keywords.

    JEL classification:

    • E10 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - General
    • N10 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - General, International, or Comparative

    Statistics

    Access and download statistics

    Corrections

    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:ris:jhisae:0030. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Steve H. Hanke (email available below). General contact details of provider: https://edirc.repec.org/data/iaejhus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.