Deakin University
Browse
dutu-taleofgreshams-2005.pdf (93.47 kB)

Tale of Gresham's law

Download (93.47 kB)
journal contribution
posted on 2005-10-01, 00:00 authored by Richard Dutu, E Nosal, G Rocheteau
Gresham’s law, which says that bad money tends to drive good money out of circulation, may account for many nations’ episodes of money troubles, as far back as ancient Athens. This Commentary discusses the two main explanations for Gresham’s law and suggests some circumstances in which the law does not apply.

History

Journal

Economic commentary

Publisher

Federal Reserve Bank of Cleveland, Research Department

Location

Cleveland, Ohio

ISSN

0428-1276

Language

eng

Notes

Reproduced with the specific permission of the copyright owner.

Publication classification

CN.1 Other journal article; C Journal article

Usage metrics

    Research Publications

    Categories

    No categories selected

    Keywords

    Exports

    RefWorks
    BibTeX
    Ref. manager
    Endnote
    DataCite
    NLM
    DC