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Backing, the Quantity Theory, and the Transition to the U.S. Dollar, 1723-1850

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NBER2007-01-01 更新2025-01-04 收录
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https://www.nber.org/papers/w12835
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Among the thirteen original colonies, Pennsylvania was most successful at issuing paper money with only minimal effects on prices -- so much so that the colony's experience is sometimes seen as violating the classical quantity theory of money. Quantity theorists usually attribute this apparent
提供机构:
美国国家经济研究局
创建时间:
2007-01-01
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