G2TT
来源类型Discussion paper
规范类型论文
来源IDDP5963
DP5963 Longevity and Lifetime Labour Input: Data and Implications
Moshe Hazan
发表日期2006-11-26
出版年2006
语种英语
摘要This paper exploits arbitrage conditions for bills of exchange with different maturities to provide new evidence on commercial interest rates in Amsterdam, London, and Paris during the 18th century. The lesson that emerges is that commercial interest rates were very low in all three centers and did not differ much from one location to another. This suggests that a transnational capital market resulting from the Commercial Revolution pre-dated to the British 'Financial Revolution' of the 18th century.
主题International Macroeconomics
关键词Financial integration Interest rates Financial development Early financial derivative products
URLhttps://cepr.org/publications/dp5963
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/534800
推荐引用方式
GB/T 7714
Moshe Hazan. DP5963 Longevity and Lifetime Labour Input: Data and Implications. 2006.
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