India’s Paper Currency Department (1862-1935) as a Quasi Currency Board

Charles Weintraub and Kurt Schuler
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Charles Weintraub: The Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise
Kurt Schuler: The Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise

No 9, Studies in Applied Economics from The Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise

Abstract: We examine to what extent India’s Paper Currency Department (1862-1935) operated like a currency board, using statistical tests based on its monthly balance sheet. Our paper makes the monthly balance sheet data available in machine-readable form for the first time, in a companion spreadsheet workbook, and likewise for the first time offers a through summary of legislation related to the Paper Currency Department.

Keywords: Currency board; India; Paper Currency Department (search for similar items in EconPapers)
JEL-codes: E59 N15 (search for similar items in EconPapers)
Pages: 28 pages
Date: 2013-12
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:ris:jhisae:0009

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