一场没有通货膨胀的战争:以1865-1870年的阿根廷为例

IF 0.6 2区 历史学 Q4 ECONOMICS Revista De Historia Economica Pub Date : 2021-11-04 DOI:10.1017/S021261092100015X
Carlos Newland
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引用次数: 0

摘要

摘要尽管在三国联盟战争期间,阿根廷的纸币发行量急剧增加,但通货膨胀并不显著。之所以会出现这种情况,是因为只有纸币增长的一小部分导致了货币供应的扩张,其余的都是货币替代。另一方面,交易货币需求的增加是由经济快速增长引起的。
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A WAR WITHOUT INFLATION: THE CASE OF ARGENTINA 1865–1870
ABSTRACT Although paper note issuance increased dramatically in Argentina during the Triple Alliance War, inflation was not significant. This occurred because only a fraction of the increase in paper bills led to an expansion of the money supply, the rest being currency substitution. On the other hand, an increase in the demand for money for transactions was generated by rapid economic growth.
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来源期刊
CiteScore
2.10
自引率
10.00%
发文量
16
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