The London money market and non-British bank lending during the first globalisation: evidence from Brazil
This study examines the relationship between the London money market (LMM) and the credit provision of non-British overseas banks in peripheral economies during the first wave of globalisation. Using monthly data between 1889 and 1913, we find a positive relationship between the amount of credit aut...
Main Authors: | , |
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Format: | Journal article |
Language: | English |
Published: |
Springer
2024
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