Foreign banks and the London money market during the first globalisation

This study examines the relationship between the London Money Market (LMM) and the credit provision of non-British overseas banks during the first wave of globalisation. Using monthly data between 1889 and 1913, we find a positive relationship between the amount of credit authorised by the German Br...

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Những tác giả chính: Kisling, W, Molteni, M
Định dạng: Working paper
Ngôn ngữ:English
Được phát hành: University of Oxford 2023