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The Currency Board Monetary System – The Case of Malta (1939-1968)

Author

Listed:
  • Zhu, Lily

    (The Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise)

Abstract

We provide the first spreadsheet data series and legislative history of note issue by the Maltese Treasury, later Commissioners of Currency (1939H1968) and examine to what extent it operated like a currency board, using statistical tests based on its annual balance sheet and the currency note income account. The paper makes the annual balance sheet and currency note income account 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 note issue.

Suggested Citation

  • Zhu, Lily, 2015. "The Currency Board Monetary System – The Case of Malta (1939-1968)," Studies in Applied Economics 25, The Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise.
    • Handle: RePEc:ris:jhisae:0025
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    File URL: https://sites.krieger.jhu.edu/iae/files/2017/04/Lily-Zhu-Working-Paper.pdf
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    More about this item

    Keywords

    Malta; currency board;

    JEL classification:

    • N14 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Europe: 1913-

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