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Women investors in early capital markets, 1720 1725


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Using the transfer records and ledger books of the Bank of England, this article examines women s market activity during and after the South Sea Bubble. Women are classified by marital or social status. During 1720, women s activity constituted 13 per cent of transactions measured by value, 10 per cent of total sales and 8 per cent of total purchases. While individual women lost and made money from their market activity, women s net position over the Bubble was positive. We also provide a case study of Johanna Cock, one of the larger broker jobbers in Bank stock. By September 1720, women made up 20 per cent of Bank shareholders holding 10 per cent of the capital stock. By September 1725, women held nearly 15 per cent of a much larger capital stock.

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Bibliographic Info

Article provided by Cambridge University Press in its journal Financial History Review.

Volume (Year): 11 (2004)
Issue (Month): 02 (October)
Pages: 197-224

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Handle: RePEc:cup:fihrev:v:11:y:2004:i:02:p:197-224_00

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Cited by:
  1. Ann M. Carlos & Erin Fletcher & Larry Neal, 2012. "Share Portfolios and Risk Management in the Early Years of Financial Capitalism: London 1690-1730," CEH Discussion Papers 006, Centre for Economic History, Research School of Economics, Australian National University.
  2. Ann M Carlos & Karen Maguire & Larry Neal, 2008. "“A knavish people dextrous in bargaining that it is impossible for Christians to expect any advantage in their dealings with them” - London Jewry and the Stockmarket during the South Sea Bub," Working Papers 200806, School Of Economics, University College Dublin.


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