Yes, there is actually a very interesting paper on Confederate money. In the paper they argue that the valuation of Confederate currency changed after the Emancipation Proclamation. Their argument is that the Emancipation Proclamation made clear that there would be no reconciliation or negotiated settlement. As a result, after the Emancipation Proclamation, Confederate dollars depreciated relative to bank notes. Furthermore, Confederate currency also experienced devaluations following Union victories. Here is a link to the paper (although I can't seem to find a non-gated version of the paper): https://onlinelibrary.wiley.com/doi/abs/10.1002/j.2325-8012.2004.tb00592.x
Confederate (CSA) money would be an altogether different (regime dissolution) case?
DON'T lose the war! Or the regime, anyway.
Yes, there is actually a very interesting paper on Confederate money. In the paper they argue that the valuation of Confederate currency changed after the Emancipation Proclamation. Their argument is that the Emancipation Proclamation made clear that there would be no reconciliation or negotiated settlement. As a result, after the Emancipation Proclamation, Confederate dollars depreciated relative to bank notes. Furthermore, Confederate currency also experienced devaluations following Union victories. Here is a link to the paper (although I can't seem to find a non-gated version of the paper): https://onlinelibrary.wiley.com/doi/abs/10.1002/j.2325-8012.2004.tb00592.x