Common Currency versus Currency Union: The U.S. Continental Dollar and Denominational Structure, 1775-1776
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https://www.nber.org/papers/w21728
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I use denominational structure (the spacing and size of monetary units) to explain how the Continental Congress attempted to manage a successful common currency when sub-national political entities were allowed to have separate currencies and run independent monetary policies. Congress created a
提供机构:
美国国家经济研究局
创建时间:
2015-11-01



