“The Worst Currency” or “The Best Arrangement”?

Qing-yuan Sui ()
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Qing-yuan Sui: Yokohama City University

Chapter Chapter 4 in Money and Government, 2022, pp 69-78 from Springer

Abstract: Abstract The assessments of the monetary system in Qing period in China are divided. The changes in copper-silver price ratioCopper-silver price ratio were consistent with the prediction of OCA theory. But this is not enough to affirmatively evaluate the currency system. An appropriate evaluation should aim at improving market performance.

Keywords: Currency shortage; OCA; Copper-silver price ratio; Price rigidity; Market efficiency (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:spbchp:978-981-16-8874-4_4

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DOI: 10.1007/978-981-16-8874-4_4

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