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War and Inflation in Spain, 1780–1800

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  • Earl J. Hamilton

Abstract

I. Introduction, 36. — II. The first issues of paper currency, 37. — III. Depreciation begins, 41. — IV. Why paper depreciated, 43. — V. Issues of paper for canals and by the Philippine Company, 45. — VI. Paper above par in 1786–1793, 46. — VII. Taxation, loans, and inflation during war with France in 1793–1795 and with England in 1796–1800, 50. — VIII. Paper in terms of specie in 1792–1800, 59. — IX. Reasons for depreciation in 1794–1800, 64. — X. Efforts to control depreciation, 65. — XI. Prices and wages, 72. — XII. Conclusions, 76.

Suggested Citation

  • Earl J. Hamilton, 1944. "War and Inflation in Spain, 1780–1800," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 59(1), pages 36-77.
    • Handle: RePEc:oup:qjecon:v:59:y:1944:i:1:p:36-77.
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