• DOI:10.1007/S12113-006-1000-6
Corpus ID: 153904651

The dutch monetary environment during tulipmania

@article{French2006TheDM,
  title={The dutch monetary environment during tulipmania},
  author={D. French},
  journal={The Quarterly Journal of Austrian Economics},
  year={2006},
  volume={9},
  pages={3-14}
}

D. French

Published 2006

Economics

The Quarterly Journal of Austrian Economics

W hen the economics profession turns its attention to financial panics and crashes, the first episode mentioned is tulipmania. In fact, tulipmania has become a metaphor in the economics field. Should one look up tulipmania in The New Palgrave: A Dictionary of Economics, a discussion of the seventeenth century Dutch speculative mania will not be found. Guillermo Calvo (1987, p. 707), in his contribution to the Palgrave instead defines tulipmania as: "situations in which some prices behave in a… CONTINUE READING

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