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Some Doubts about the Economic Analysis of the Flow of Silver to China in 1550–1820 |
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| Authors: | Melitz Jacques |
| Institution: | 1.CREST and CEPII, Paris, France ;2.CEPR, London, UK ;3.Heriot-Watt University, Edinburgh, UK ; |
| Abstract: | Open Economies Review - The paper takes issue with the mainstream economic analysis of the enormous flow of silver into China in 1550–1820. First, I challenge the view that arbitrage between... |
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