作者:University of Colorado System; University of Colorado Boulder; College of the Holy Cross
摘要:In this article we use a unique source-a 30-year time series of the share transactions of two joint-stock companies-to examine the growth of the London capital market prior to and immediately after the Glorious Revolution. We argue that the London experience with open capital markets was not solely the result of 1689. Rather it was the learning by private individuals and goldsmith bankers which took place in the decades before 1689 that allowed the market to take full advantage of the property...
作者:Colgate University; State University of New York (SUNY) System; University at Buffalo, SUNY
作者:University System of Ohio; University of Toledo
作者:University System of Ohio; University of Dayton
作者:Carleton College; Saint Olaf College
作者:Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park; Duke University