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Monetary Innovation in America

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  • Sylla, Richard

Abstract

Monetary innovation, the development of new forms of money, has not received much systematic study from economic historians. This essay presents a framework for analyzing the determinants of monetary innovation and illustrates the argument by means of a sketch of monetary innovation in America from colonial times to the present.

Suggested Citation

  • Sylla, Richard, 1982. "Monetary Innovation in America," The Journal of Economic History, Cambridge University Press, vol. 42(1), pages 21-30, March.
  • Handle: RePEc:cup:jechis:v:42:y:1982:i:01:p:21-30_02
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    Cited by:

    1. Dror Goldberg, 2007. "Why did Massachusetts Invent Modern Currency?," Working Papers 7011, Economic History Society.
    2. Xu, Chenzi & Yang, He, 2024. "Real effects of supplying safe private money," Journal of Financial Economics, Elsevier, vol. 157(C).
    3. Bordo, Michael D., 1986. "Explorations in monetary history: A survey of the literature," Explorations in Economic History, Elsevier, vol. 23(4), pages 339-415, October.
    4. Pistor Katharina, 2021. "Theorizing Beyond “The Code of Capital”: A Reply," Accounting, Economics, and Law: A Convivium, De Gruyter, vol. 11(1), pages 65-80, March.
    5. Christopher Bailey & Tarique Hossain & Gary Pecquet, 2018. "Private banks in early Michigan, 1837–1884," Cliometrica, Springer;Cliometric Society (Association Francaise de Cliométrie), vol. 12(1), pages 153-180, January.

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