NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Colonial New Jersey's Paper Money Regime, 1709-1775: A Forensic Accounting Reconstruction of the Data

Farley Grubb

NBER Working Paper No. 19710
Issued in December 2013, Revised in May 2014
NBER Program(s):DAE

Forensic accounting is used to reconstruct the data on emissions, redemptions, and bills outstanding for colonial New Jersey paper money. These components are further separated into the amounts initially legislated, and the amounts actually executed. These data are substantial improvements over what currently exists in the literature. They also provide a more complete and nuanced accounting of colonial New Jersey's paper money regime than what has been done previously for any British North American colony. Enough detail of the forensic accounting exercise is given for scholars to reproduce the data series from the original sources.

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Document Object Identifier (DOI): 10.3386/w19710

Published: Farley Grubb, "Colonial New Jersey's paper Money Regime, 1709-75: A Forensic Accounting Reconstruction of the Data," HISTORICAL METHODS volume 48, number 1 (January-March 2015), pp. 13-34.

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