Un margine di arbitraggio non sfruttato sulla Rendita Italiana a Parigi?
This paper assess the freedom of capital movements between France and Italy in the late 19 century looking at the market for the most important Italian bond, the Rendita Italiana. Taking into account long time series of Rendita prices both in France and in Italy the paper looks at the possibility of a possible arbitrage profit. The absence of any arbitrage profit (except for short periods of time) makes the author conclude on the capital mobility between the two markets
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- Tattara, Giuseppe & volpe, mario, 1997. "Italy, the fiscal dominance model, and the gold standard age," MPRA Paper 37155, University Library of Munich, Germany.
- Tattara, Giuseppe, 2003.
"Paper money but a gold debt: Italy on the gold standard,"
Explorations in Economic History,
Elsevier, vol. 40(2), pages 122-142, April.
- Giuseppe Tattara & or consequences), 2002. "Paper Money but a Gold Debt. Italy in the Gold Standard," Economic History 0205002, EconWPA.
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