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...

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Bibliographic Details
Main Authors: Kisling, W, Molteni, M
Format: Journal article
Language:English
Published: Springer 2024