| Record ID | marc_loc_2016/BooksAll.2016.part38.utf8:108111318:1631 |
| Source | Library of Congress |
| Download Link | /show-records/marc_loc_2016/BooksAll.2016.part38.utf8:108111318:1631?format=raw |
LEADER: 01631cam a22002897a 4500
001 2010656350
003 DLC
005 20100820090224.0
007 cr |||||||||||
008 100819s2010 mau sb 000 0 eng
010 $a 2010656350
040 $aDLC$cDLC
050 00 $aHB1
100 1 $aRousseau, Peter L.
245 10 $aMonetization and growth in colonial New England, 1703-1749$h[electronic resource] /$cPeter L. Rousseau, Caleb Stroup.
260 $aCambridge, MA :$bNational Bureau of Economic Research,$cc2010.
490 1 $aNBER working paper series ;$vworking paper 16190
538 $aSystem requirements: Adobe Acrobat Reader.
538 $aMode of access: World Wide Web.
500 $aTitle from PDF file as viewed on 8/19/2010.
530 $aAlso available in print.
504 $aIncludes bibliographical references.
520 3 $a"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"--National Bureau of Economic Research web site.
700 1 $aStroup, Caleb.
710 2 $aNational Bureau of Economic Research.
830 0 $aWorking paper series (National Bureau of Economic Research : Online) ;$vworking paper no. 16190.
856 40 $uhttp://www.nber.org/papers/w16190