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作者:[Anonymous]
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作者:Universite de Lorraine; Centre National de la Recherche Scientifique (CNRS); CNRS - Institute for Humanities & Social Sciences (INSHS); Universites de Strasbourg Etablissements Associes; Universite de Strasbourg; Centre National de la Recherche Scientifique (CNRS); CNRS - Institute for Humanities & Social Sciences (INSHS)
摘要:The geographical distributions of French and British foreign investment portfolios differ markedly before World War I. Did French portfolios favor European investments just as British portfolios favored New World assets? Should economic rationality have encouraged investors to invest widely in the New World rather than in Europe? Combining Modern Portfolio Theory and a new data set comprising assets listed on the Paris and London Stock Exchanges, we show that investing in the New World did not...
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作者:University of Cambridge
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作者:Texas Christian University
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作者:Columbia University; University of Hawaii System
摘要:In early public land privatization, governments in New South Wales and Buenos Aires provided for de jure transfer of public lands. In New South Wales the government lost control; squatters rushed out unlawfully and seized de facto frontier claims. But in Buenos Aires privatization was accomplished by de jure transfers. Why did British settlers reject de jure transfers from a government, most able to secure property rights and rule of law, while settlers of the pampa frontier, where property-ri...
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作者:University of Oxford; Gakushuin University
摘要:This article analyzes how Japan financed its World War II occupation of Southeast Asia, the market-purchased transfer of resources to Japan, and the monetary and inflation consequences of Japanese policies. Occupation was financed principally by printing large quantities of money. While some Southeast Asian countries had high inflation, hyperinflation hardly occurred because of a sustained transactions demand for money and because of Japan's strong enforcement of monetary monopoly. Highly spec...
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作者:Monash University
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作者:Cornell University; Weill Cornell Medical Center
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作者:Viarengo, Martina
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作者:Brandeis University
摘要:Roger de Piles (1635-1709) was a French art critic who decomposed the style and ability of 58 different artists into areas of composition, drawing, color, and expression, rating each artist on a 20-point scale in each category. Based on evidence from two data sets that together span from the mid-eighteenth century to the present, this article shows that De Piles' overall ratings have withstood the test of a very long period of time, with estimates indicating that the works of his higher-rated ...