IDEAS home Printed from https://ideas.repec.org/p/ehl/wpaper/82404.html
   My bibliography  Save this paper

The London Stock Exchange 1869-1929: new bloody statistics for old?

Author

Listed:
  • Hannah, Leslie

Abstract

Newly-assembled datasets on the size and composition of the London Stock Exchange present some results contradicting conventional wisdom. A forensic examination of one study of corporate equities in the Investor’s Monthly Manual between 1869 and 1929 suggests both idiosyncratic mistakes and generic biases which users of this source need to consider.

Suggested Citation

  • Hannah, Leslie, 2017. "The London Stock Exchange 1869-1929: new bloody statistics for old?," Economic History Working Papers 82404, London School of Economics and Political Science, Department of Economic History.
  • Handle: RePEc:ehl:wpaper:82404
    as

    Download full text from publisher

    File URL: http://eprints.lse.ac.uk/82404/
    File Function: Open access version.
    Download Restriction: no

    References listed on IDEAS

    as
    1. Coyle, Christopher & Turner, John D., 2013. "Law, Politics, and Financial Development: The Great Reversal of the U.K. Corporate Debt Market," The Journal of Economic History, Cambridge University Press, vol. 73(03), pages 810-846, September.
    2. Annaert, Jan & Buelens, Frans & Cuyvers, Ludo & De Ceuster, Marc & Deloof, Marc & De Schepper, Ann, 2011. "Are blue chip stock market indices good proxies for all-shares market indices? The case of the Brussels Stock Exchange 1833–2005," Financial History Review, Cambridge University Press, vol. 18(03), pages 277-308, December.
    3. repec:ucp:bkecon:9780226301532 is not listed on IDEAS
    4. Michie, Ranald, 2001. "The London Stock Exchange: A History," OUP Catalogue, Oxford University Press, number 9780199242559.
    5. Rajan, Raghuram G. & Zingales, Luigi, 2003. "The great reversals: the politics of financial development in the twentieth century," Journal of Financial Economics, Elsevier, vol. 69(1), pages 5-50, July.
    6. Richard S. Grossman & Ronan C. Lyons & Kevin Hjortshøj O'rourke & Madalina A. Ursu, 2014. "A monthly stock exchange index for Ireland, 1864–1930," European Review of Economic History, Oxford University Press, vol. 18(3), pages 248-276.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    London Stock Exchange; provincial exchanges; junior market; Investor's Monthly Manual; securities; equities; Walter Bagehot;

    JEL classification:

    • G30 - Financial Economics - - Corporate Finance and Governance - - - General
    • N23 - Economic History - - Financial Markets and Institutions - - - Europe: Pre-1913
    • N24 - Economic History - - Financial Markets and Institutions - - - Europe: 1913-

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ehl:wpaper:82404. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (LSERO Manager on behalf of EH Dept.). General contact details of provider: http://edirc.repec.org/data/chlseuk.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.