| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w16190 |
| 来源ID | Working Paper 16190 |
| Monetization and Growth in Colonial New England, 1703-1749 | |
| Peter L. Rousseau; Caleb Stroup | |
| 发表日期 | 2010-07-15 |
| 出版年 | 2010 |
| 语种 | 英语 |
| 摘要 | 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 sector activity and not the other way around. We also find that bills emitted for seigniorage purposes had a positive effect on the modern sector, while bills issued through loan banks did not. |
| 主题 | Macroeconomics ; Money and Interest Rates ; History ; Macroeconomic History |
| URL | https://www.nber.org/papers/w16190 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/573864 |
| 推荐引用方式 GB/T 7714 | Peter L. Rousseau,Caleb Stroup. Monetization and Growth in Colonial New England, 1703-1749. 2010. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w16190.pdf（374KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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