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International Specie Flows and American Monetary Stability, 1834–1860

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  • Willett, Thomas D.

Abstract

The importance of the international sector in initiating the nineteenth-century economic development of the United States has been widely acknowledged. Its influence on American economic stability, however, is by no means as well established. Controversy persists concerning the interrelationships between the international flow of liquid funds evidencing balance-of-payments disequilibrium and the American monetary system during the period from the 1830's to the Civil War.

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  • Willett, Thomas D., 1968. "International Specie Flows and American Monetary Stability, 1834–1860," The Journal of Economic History, Cambridge University Press, vol. 28(1), pages 28-50, March.
    • Handle: RePEc:cup:jechis:v:28:y:1968:i:01:p:28-50_07
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    Cited by:

    1. Michael D. Bordo, 1989. "The Contribution of "A Monetary History of the United States, 1867-1960" to Monetary History," NBER Chapters, in: Money, History, and International Finance: Essays in Honor of Anna J. Schwartz, pages 15-78, National Bureau of Economic Research, Inc.

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