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Revising ‘Bloody foreigners!’


  • Richard S. Grossman


Leslie Hannah argues, among other things, that the series on par value of UK‐listed equities that I presented in an article published in the Economic History Review in 2015 is deeply flawed. Although I would quibble with some of Hannah's points, his main conclusion is correct: many of the series in ‘Bloody foreigners!’ are, in fact, flawed and require substantial revision. In this note, I explain the source of the errors and the steps I have taken to correct them in the preparation of subsequent work.

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  • Richard S. Grossman, 2018. "Revising ‘Bloody foreigners!’," Economic History Review, Economic History Society, vol. 71(4), pages 1357-1359, November.
  • Handle: RePEc:bla:ehsrev:v:71:y:2018:i:4:p:1357-1359
    DOI: 10.1111/ehr.12735

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    References listed on IDEAS

    1. Leslie Hannah, 2018. "The London Stock Exchange, 1869–1929: new statistics for old?," Economic History Review, Economic History Society, vol. 71(4), pages 1349-1356, November.
    2. Richard S. Grossman, 2015. "Bloody foreigners! Overseas equity on the London Stock Exchange, 1869–1929," Economic History Review, Economic History Society, vol. 68(2), pages 471-521, May.
    3. Hannah, Leslie, 2018. "The London Stock Exchange, 1869-1929: new statistics for old?," LSE Research Online Documents on Economics 90547, London School of Economics and Political Science, LSE Library.
    4. Grossman, Richard, 2017. "Stocks for the Long Run: New Monthly Indices of British Equities, 1869-1929," CEPR Discussion Papers 12121, C.E.P.R. Discussion Papers.
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    Cited by:

    1. Campbell, Gareth & Grossman, Richard & Turner, John, 2019. "Before the Cult of Equity: New Monthly Indices of the British Share Market, 1829-1929," CEPR Discussion Papers 13717, C.E.P.R. Discussion Papers.

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