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dc.contributor.authorEngdahl, Torbjörnen_US
dc.contributor.authorÖgren, Andersen_US
dc.date.accessioned2012-03-28T13:08:25Z-
dc.date.available2012-03-28T13:08:25Z-
dc.date.issued2007en_US
dc.identifier.urihttp://hdl.handle.net/10419/56279-
dc.description.abstractComplementarity of money mean that two or more kinds of monies together fulfil the demand of the users better than they would without the existence of the other(-s). In this paper we study complementarity between paper monies in Sweden. We address four questions: 1) What was used as money on a macro level (money supply) and on a micro level (monetary remittances)? 2) What was the relative value of different monies in parallel circulation? 3) Was there seasonal variations in use and/or value? 4) Was there geographical variations in use and value? What we find is that the complementarity helped to solve the problem of providing sufficient liquidity domestically over time and space and thus and to keep a stable value of the currency.en_US
dc.language.isoengen_US
dc.publisherEkonomiska Forskningsinst. Stockholmen_US
dc.relation.ispartofseriesSSE/EFI Working Paper Series in Economics and Finance 678en_US
dc.subject.jelE50en_US
dc.subject.jelG21en_US
dc.subject.jelN13en_US
dc.subject.jelN23en_US
dc.subject.ddc330en_US
dc.subject.keywordComplementarityen_US
dc.subject.keywordLiquidityen_US
dc.subject.keywordMoney Supplyen_US
dc.subject.keywordMoney Remittancesen_US
dc.subject.keywordPaper Moneyen_US
dc.subject.keywordParallel Circulation of Moneyen_US
dc.subject.keywordVariations in Money Demanden_US
dc.subject.stwGeldverfassungen_US
dc.subject.stwWährungswettbewerben_US
dc.subject.stwGeldumlaufen_US
dc.subject.stwGeldmengeen_US
dc.subject.stwGeldgeschichteen_US
dc.subject.stwSchwedenen_US
dc.titleMultiple paper monies in Sweden, 1789 - 1903: Substitution or complementarity?en_US
dc.typeWorking Paperen_US
dc.identifier.ppn549995196en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:SSE/EFI Working Paper Series in Economics and Finance, EFI - The Economic Research Institute, Stockholm School of Economics

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