A re-examination of the empirical evidence concerning colonial Virginia's paper money, 1755-1774: a comment on Grubb

IF 0.4 Q3 HISTORY OF SOCIAL SCIENCES

Financial History Review Pub Date : 2019-12-01 DOI:10.1017/S0968565019000155

R. Michener

引用次数: 1

Abstract

Farley Grubb's recent article in the Financial History Review contains econometric results designed to support his theoretical propositions concerning the paper money of the American colonies. This comment demonstrates that some of his results are spurious and the rest are based on using incorrect testing procedures and incorrect critical values of test statistics.

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对1755-1774年弗吉尼亚殖民地纸币经验证据的重新审视——评Grubb

法利·格拉布(Farley Grubb)最近在《金融历史评论》(Financial History Review)上发表的文章包含了计量经济学的结果，旨在支持他关于美国殖民地纸币的理论主张。这一评论表明，他的一些结果是虚假的，其余的是基于使用不正确的测试程序和不正确的测试统计的临界值。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Financial History Review HISTORY OF SOCIAL SCIENCES-

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期刊介绍： Financial History Review is the international forum for all scholars with interests in the development of banking, finance, and monetary matters. Its editors deliberately seek to embrace the broadest approach to publishing research findings within this growing historical specialism. Articles address all aspects of financial and monetary history, including technical and theoretical approaches, those derived from cultural and social perspectives and the interrelations between politics and finance. These presentations of current research are complemented by somewhat shorter pieces, specifically conceived as aids to research. Each issue contains a substantial review section, and every complete volume contains an annual bibliography.