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The Enforceability of Private Money Contracts, Market Efficiency, and Technological Change

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NBER1991-03-01 更新2025-01-04 收录
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https://www.nber.org/papers/w3645
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The period prior to the U.S. civil War saw the introduction and rapid diffusion of the railroad. It was also the Free Banking Era (1838-1863) during which some states allowed relatively free entry into banking. Banks in all states issued distinct private monies, called bank notes, which circulated
提供机构:
美国国家经济研究局
创建时间:
1991-03-01
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