Monetization and Growth in Colonial New England, 1703-1749
收藏NBER2010-07-01 更新2025-01-04 收录
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https://www.nber.org/papers/w16190
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资源简介:
We examine econometrically the real effects of paper money's introduction into colonial New England over the 1703-1749 period. Departing from earlier analyses that focus primarily on the depreciation of paper money in the region, we show that expansion of the money stock promoted growth in modern
提供机构:
美国国家经济研究局
创建时间:
2010-07-01



