作者：University of California System; University of California Irvine
作者：University of Wyoming
摘要：The old-regime monarchy, particularly during the reign of Louis XIV, did much of its borrowing through the mediation of privileged corporate bodies that sought lenders on the private market and then acted as guarantors against royal default. After comparing the creditors of various privileged bodies and considering the reasons why some were more successful than others in attracting a wide circle of creditors, this study argues for a reconsideration of the constitutional-absolutist dichotomy in...
作者：Purdue University System; Purdue University
作者：University of Illinois System; University of Illinois Chicago; University of Illinois Chicago Hospital
作者：Hebrew University of Jerusalem
摘要：We investigate the effect of the establishment of modem institutions on the risk premium associated with Japanese government bonds traded in London between 1870 and 1914. While most institutional innovations failed to elicit an immediate market response, the adoption of the gold standard did significantly reduce the perceived risk associated with Japanese bonds. In addition, some geopolitical events, especially the military victory over Russia, improved Japan's debt capacity. We conclude that ...
作者：University of California System; University of California Davis
