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Non-legal-tender paper money : the structure and performance of Maryland' s bills of credit, 1767 - 1775
Celia, Jim; Grubb, Farley Ward - 2014
Persistent link: https://www.econbiz.de/10010419834
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Non-legal-tender paper money : the structure and performance of Maryland's bills of credit, 1767 - 1775
Celia, James; Grubb, Farley Ward - 2014
Persistent link: https://www.econbiz.de/10010491149
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Non-Legal-Tender Paper Money : The Structure and Performance of Maryland's Bills of Credit, 1767-1775
Celia, James - 2014
's current market value was expected real asset present value and under 20 percent was liquidity premium. It was primarily a real … barter asset and not a fiat currency. The liquidity premium was positively related to the amount of paper money per capita in …
Persistent link: https://www.econbiz.de/10013046605
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Non-legal-tender paper money : the structure and performance of Maryland's bills of credit, 1767-75
Celia, James; Grubb, Farley Ward - In: The economic history review : a journal of economic and … 69 (2016) 4, pp. 1132-1156
Persistent link: https://www.econbiz.de/10011700174
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Money Creation and Excess Liquidity in Cuba : A Monetary Circuit Analysis
Escaith, Hubert - 2008
interpretation of these disequilibria from a monetary circuit point of view, showing that the excess liquidity in the hands of the …
Persistent link: https://www.econbiz.de/10014217933
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Lessons from the money mania for money creation
Guo, Yanling - 2018
The first attempt in the human history to consciously create money ended in a collapse in 1720, well-known as the money mania. This unfortunate start raises doubt on money creation as a whole such that today there are still voices questioning created money even though it is now indispensible for...
Persistent link: https://www.econbiz.de/10011927951
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Payment systems, inside money and financial intermediation
Merrouche, Ouarda (contributor); Nier, Erlend W. (contributor) - 2009
customers and therefore affect the split between holdings of cash (outside money) and holdings of deposits (inside money … ‘crowding in' of cash in favour of demand deposits and that this in turn enabled a prolonged credit expansion in our sample …
Persistent link: https://www.econbiz.de/10003884704
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Monetary circuit theory and money emissions
Rossi, Sergio - In: The political economy of monetary circuits : tradition …, (pp. 36-55). 2009
Persistent link: https://www.econbiz.de/10003898313
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The existence of profits within the monetary circuit : some unanswered questions revisited
Rochon, Louis-Philippe - In: The political economy of monetary circuits : tradition …, (pp. 56-76). 2009
Persistent link: https://www.econbiz.de/10003898315
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Payment systems, inside money and financial intermediation
Merrouche, Ouarda; Nier, Erlend W. - 2010
Persistent link: https://www.econbiz.de/10008665605