A New Approach to Solving the Colonial Monetary Puzzle: Evidence from New Jersey, 1709-1775
收藏NBER2014-02-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w19903
下载链接
链接失效反馈官方服务：
资源简介：
The market value of colonial New Jersey's paper money is decomposed into its real asset present value and its liquidity premium. Its real asset present value accounted for over 80 percent, whereas its value as money per se accounted for under 20, percent of its market value. Colonial paper money was
提供机构：
美国国家经济研究局
创建时间：
2014-02-01
