Currency and Credit in a Changing Economy. Santa Fe, Argentina (1858-1883)

Between the late 1850s and the early 1880s, currency in Santa Fe province was monopolized by pieces of feeble silver minted in Bolivia. Although the so-called “Bolivian pesos” have been largely studied in the literature, there are key aspects still not fully addressed such as their heterogeneity or...

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Autor principal: Martirén, Juan Luis
Formato: Artículo revista
Lenguaje:Español
Publicado: Instituto de Historia Americana y Argentina. Facultad de Filosofía y Letras. Universidad Nacional de Cuyo. 2021
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Acceso en línea:https://revistas.uncu.edu.ar/ojs3/index.php/revihistoriargenyame/article/view/4924
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id I11-R102article-4924
record_format ojs
institution Universidad Nacional de Cuyo
institution_str I-11
repository_str R-102
container_title_str Revista de Historia Americana y Argentina
language Español
format Artículo revista
topic moneda
crédito
pesos bolivianos
Santa Fe
currency
credit
bolivian pesos
Santa Fe
spellingShingle moneda
crédito
pesos bolivianos
Santa Fe
currency
credit
bolivian pesos
Santa Fe
Martirén, Juan Luis
Currency and Credit in a Changing Economy. Santa Fe, Argentina (1858-1883)
topic_facet moneda
crédito
pesos bolivianos
Santa Fe
currency
credit
bolivian pesos
Santa Fe
author Martirén, Juan Luis
author_facet Martirén, Juan Luis
author_sort Martirén, Juan Luis
title Currency and Credit in a Changing Economy. Santa Fe, Argentina (1858-1883)
title_short Currency and Credit in a Changing Economy. Santa Fe, Argentina (1858-1883)
title_full Currency and Credit in a Changing Economy. Santa Fe, Argentina (1858-1883)
title_fullStr Currency and Credit in a Changing Economy. Santa Fe, Argentina (1858-1883)
title_full_unstemmed Currency and Credit in a Changing Economy. Santa Fe, Argentina (1858-1883)
title_sort currency and credit in a changing economy. santa fe, argentina (1858-1883)
description Between the late 1850s and the early 1880s, currency in Santa Fe province was monopolized by pieces of feeble silver minted in Bolivia. Although the so-called “Bolivian pesos” have been largely studied in the literature, there are key aspects still not fully addressed such as their heterogeneity or effects on the money supply. This paper analyzes the money supply composition and the trajectories of the current interest rates in the province of Santa Fe between 1858 and 1883. The dataset includes time series on interest rates and currency prices built from local newspapers and accounting books of local colonization companies. Preliminary results indicate that, despite its diversified intrinsic quality, the Bolivian coins allowed to expand the supply of credit by operating as a unique reserve of value for convertible banknotes and fiduciary money. This also resulted in a downward trend of interest rates (except during the crisis of 1876) until the adoption of the monetary unification in the early 1880s.
publisher Instituto de Historia Americana y Argentina. Facultad de Filosofía y Letras. Universidad Nacional de Cuyo.
publishDate 2021
url https://revistas.uncu.edu.ar/ojs3/index.php/revihistoriargenyame/article/view/4924
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first_indexed 2022-06-20T13:37:31Z
last_indexed 2022-06-20T13:37:31Z
bdutipo_str Revistas
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