Did the Philippine Islands Have a Currency Board during the American Colonization Period?

Ryan Freedman
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Ryan Freedman: The Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise

No 92, Studies in Applied Economics from The Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise

Abstract: The Philippine monetary system and data from 1903-1948 are examined, using general observations and statistical tests to determine to what extent the system operated as a currency board. This paper makes detailed annual balance sheets of the monetary system available in machine-readable form for the first time, in a companion Excel workbook.

Keywords: Philippines; currency board; Gold Standard Fund; Currency Reserve Fund; Exchange Standard Fund (search for similar items in EconPapers)
JEL-codes: E59 N15 (search for similar items in EconPapers)
Pages: 28 pages
Date: 2017-10
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https://sites.krieger.jhu.edu/iae/files/2020/01/Ph ... aper-Final-Draft.pdf Full text (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:ris:jhisae:0092

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