| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP5963 |
| 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 |
| URL | https://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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