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"An essential new history of America's monetary origins. The Second Continental Congress faced multiple daunting challenges when it was convened in summer 1775. First the assembly had to create a de facto government for the loosely joined colonies that would become the United States. It then had...
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of the relation between market power and inflation. We examine this relation for individual firms in eleven U … generate quantitative evidence on the responsiveness of market power to inflation. We find that inflation usually has a …
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