Add to ORKGThe quantity theory of money is applied to the paper money regimes of seven of the nine British North American colonies south of New England. Individual colonies, and regional groupings of contiguous colonies treated as one monetary unit, are tested. Little to no statistical relationship, and little to no magnitude of influence, between the quantities of paper money in circulation and prices are found. The failure of the quantity theory of money to explain the value and performance of colonial paper money is a general and widespread result, and not an isolated and anomalous phenomenon
The paper reconstructs the origins of the quantity theory of money and its applications. Against the...
provided editorial assistance. The views expressed herein are those of the author(s) and do not nece...
"The aim of this paper is to analyze the state of the quantity theory in the United States prior to ...
A long-standing but unsettled controversy concerning monetary experiences in colonial America has re...
In a long-standing controversy over monetary experiences in colonial America, the main substantive i...
Colonial American currency has been cited as an example of the failure of the quantity theory. A cas...
Among the thirteen original colonies, Pennsylvania was most successful at issuing paper money with o...
Farley GrubbPrior to the formation of federal government under the Constitution, there existed a sys...
The British North American colonies were the first western economies to rely on colonyspecific legis...
The paper reconstructs the origins of the quantity theory of money and its applications. Against the...
The efforts of some American colonials, who complained of monetary scarcity and advocated increased ...
Colonial American history has Interested many eminent writers who have contributed much valuable mat...
For the six major British North American colonies, five of whom independently issued their own fiat ...
In this paper cointegration analysis is used to examine the long−run relationship between money, pri...
EMPHASIS on empirical research has long been a hallmark of the American approach to the quantity the...
The paper reconstructs the origins of the quantity theory of money and its applications. Against the...
provided editorial assistance. The views expressed herein are those of the author(s) and do not nece...
"The aim of this paper is to analyze the state of the quantity theory in the United States prior to ...
A long-standing but unsettled controversy concerning monetary experiences in colonial America has re...
In a long-standing controversy over monetary experiences in colonial America, the main substantive i...
Colonial American currency has been cited as an example of the failure of the quantity theory. A cas...
Among the thirteen original colonies, Pennsylvania was most successful at issuing paper money with o...
Farley GrubbPrior to the formation of federal government under the Constitution, there existed a sys...
The British North American colonies were the first western economies to rely on colonyspecific legis...
The paper reconstructs the origins of the quantity theory of money and its applications. Against the...
The efforts of some American colonials, who complained of monetary scarcity and advocated increased ...
Colonial American history has Interested many eminent writers who have contributed much valuable mat...
For the six major British North American colonies, five of whom independently issued their own fiat ...
In this paper cointegration analysis is used to examine the long−run relationship between money, pri...
EMPHASIS on empirical research has long been a hallmark of the American approach to the quantity the...
The paper reconstructs the origins of the quantity theory of money and its applications. Against the...
provided editorial assistance. The views expressed herein are those of the author(s) and do not nece...
"The aim of this paper is to analyze the state of the quantity theory in the United States prior to ...