Gresham's law in the late Chosun Korea

Y. -Y. Kim

Applied Economics Letters, 2004, vol. 11, issue 15, 979-984

Abstract: The issue of Gresham's law in the late Chosun Korea is addressed. Available historical records are interpreted to provide evidence that undervalued money was taken out of circulation because of both the legal tender law and Rolnick and Weber's law. Later, however, undervalued money replaced overvalued money because of the inflationary effect of the latter.

Date: 2004
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.informaworld.com/openurl?genre=article& ... 40C6AD35DC6213A474B5 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:apeclt:v:11:y:2004:i:15:p:979-984

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RAEL20

DOI: 10.1080/1350485042000291385

Access Statistics for this article

Applied Economics Letters is currently edited by Anita Phillips

More articles in Applied Economics Letters from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().