Jane E Knodell
Biographic Data
| ID | 9642736 |
|---|---|
| NAME | Jane E Knodell |
| GIVEN NAMES | Jane E |
| FAMILY NAME | Knodell |
| SIGNATURE | KNODELL J E |
| VERIFIED | No |
| TOTAL WORKS | 1 |
| TOTAL CITATIONS | 0 |
| AUTHOR COUNT | 1 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2021 |
| LATEST PUBLICATION YEAR | 2021 |
| H-INDEX | 0 |
Resource endowments and the problem of small change
This article discusses historical evidence from the Potosi mint and Massachusetts Bay mint that illustrates the importance of the resource endowment (in this case silver) for the provision of small change. We show that the availability of silver was fundamental in shaping incentives. The relative scarcity of silver in Massachusetts Bay contributed to the small scale of the mint's operations, and implied that neither the monetary authority nor the…
No prominent works on this page.
Resource endowments and the problem of small change
This article discusses historical evidence from the Potosi mint and Massachusetts Bay mint that illustrates the importance of the resource endowment (in this case silver) for the provision of small change. We show that the availability of silver was fundamental in shaping incentives. The relative scarcity of silver in Massachusetts Bay contributed to the small scale of the mint's operations, and implied that neither the monetary authority nor the…
Agricultural economics (1 work) · Bay (1 work) · Culture, Economy, and Development Studies (1 work) · Economic shortage (1 work) · Economics (1 work) · Endowment (1 work) · Finance (1 work) · Geography (1 work) · Historical Economic and Legal Thought (1 work) · Historical Economic and Social Studies (1 work)