殖民地弗吉尼亚的纸币，1755-1774：对麦切纳的答复

IF 0.4 Q3 HISTORY OF SOCIAL SCIENCES

Financial History Review Pub Date : 2019-12-01 DOI:10.1017/S0968565019000167

F. Grubb

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引用次数: 0

摘要

Ron Michener对我对弗吉尼亚殖民地纸币的处理和分析提出了异议。他反对我在假设纸币为零息票和有息债券时如何计算纸币的资产现值。他质疑我关于弗吉尼亚州流通纸币数量的数据，并反对我对该货币表现模型的计量经济学处理。然而，他没有提出替代的数据结构，也没有对数据中的模式做出任何替代的解释，也没有提出任何替代假设或进行任何假设测试来解释弗吉尼亚纸币的价值水平和变动。

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Colonial Virginia's paper money, 1755–1774: a reply to Michener

Ron Michener takes issue with my approach to and analysis of colonial Virginia's paper money. He objects to how I calculate the paper money's asset present value when the paper money is hypothesized to be zero-coupon and interest-bearing bonds. He questions my data on the amount of Virginia's paper money in circulation, and he objects to the econometric treatment I apply to my model of that money's performance. He, however, presents no alternative data constructions, or any alternative explanations for the patterns in the data, nor does he present any alternative hypotheses or do any hypothesis testing to account for the level and movement in the value of Virginia's paper money.

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来源期刊

Financial History Review HISTORY OF SOCIAL SCIENCES-

CiteScore

1.00

自引率

0.00%

发文量

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.