The London Stock Exchange in the 19th Century: Ownership Structures, Growth and Performance
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Pirrong, Craig, 2000. "A Theory of Financial Exchange Organization," Journal of Law and Economics, University of Chicago Press, vol. 43(2), pages 437-471, October.
- Davis, Lance & Neal, Larry & White, Eugene N., 2003. "How it all began: the rise of listing requirements on the London, Berlin, Paris, and New York stock exchanges," The International Journal of Accounting, Elsevier, vol. 38(2), pages 117-143.
- Pirrong, Craig, 1999. "The organization of financial exchange markets: Theory and evidence," Journal of Financial Markets, Elsevier, vol. 2(4), pages 329-357, November.
- Peter L. Rousseau & Richard Sylla, 2003.
"Financial Systems, Economic Growth, and Globalization,"
NBER Chapters, in: Globalization in Historical Perspective, pages 373-416,
National Bureau of Economic Research, Inc.
- Peter L. Rousseau & Richard Sylla, 2001. "Financial Systems, Economic Growth, and Globalization," NBER Working Papers 8323, National Bureau of Economic Research, Inc.
- Peter L. Rousseau & Richard Sylla, 2001. "Financial Systems, Economic Growth, and Globalization," Vanderbilt University Department of Economics Working Papers 0119, Vanderbilt University Department of Economics.
- Carmine Di Noia, 2001. "Competition and Integration among Stock Exchanges in Europe: Network Effects, Implicit Mergers and Remote Access," European Financial Management, European Financial Management Association, vol. 7(1), pages 39-72, March.
- Larry Neal, 1998. "The financial crisis of 1825 and the restructuring of the British financial system," Review, Federal Reserve Bank of St. Louis, issue May, pages 53-76.
- Peter L. Rousseau, 2003.
"Historical perspectives on financial development and economic growth,"
Review, Federal Reserve Bank of St. Louis, vol. 85(Jul), pages 81-106.
- Peter L. Rousseau, 2002. "Historical Perspectives on Financial Development and Economic Growth," NBER Working Papers 9333, National Bureau of Economic Research, Inc.
- 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.
- Levine, Ross, 1991. "Stock Markets, Growth, and Tax Policy," Journal of Finance, American Finance Association, vol. 46(4), pages 1445-1465, September.
- Green, Christopher J. & Maggioni, Paolo & Murinde, Victor, 2000. "Regulatory lessons for emerging stock markets from a century of evidence on transactions costs and share price volatility in the London Stock Exchange," Journal of Banking & Finance, Elsevier, vol. 24(4), pages 577-601, April.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Buchner, Michael, 2018. "The Berlin Bourse in the London mirror: An asymmetric comparison of microstructures and the role of Germany's large banks in securities trading, c. 1860-1914," IBF Paper Series 01-18, IBF – Institut für Bank- und Finanzgeschichte / Institute for Banking and Financial History, Frankfurt am Main.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- repec:onb:oenbwp:y::i:115:b:1 is not listed on IDEAS
- Ledenyov, Dimitri O. & Ledenyov, Viktor O., 2013. "Some thoughts on accurate characterization of stock market indexes trends in conditions of nonlinear capital flows during electronic trading at stock exchanges in global capital markets," MPRA Paper 49921, University Library of Munich, Germany.
- Ben Slimane, Faten & Padilla Angulo, Laura, 2019.
"Strategic change and corporate governance: Evidence from the stock exchange industry,"
Journal of Business Research, Elsevier, vol. 103(C), pages 206-218.
- Faten Ben Slimane & Laura Padilla Angulo, 2019. "Strategic change and corporate governance: Evidence from the stock exchange industry," Post-Print hal-01953776, HAL.
- Andrianova, Svetlana & Demetriades, Panicos & Xu, Chenggang, 2011.
"Political Economy Origins of Financial Markets in Europe and Asia,"
World Development, Elsevier, vol. 39(5), pages 686-699, May.
- Svetlana Andrianova & Panicos Demetriades & Chenggang Xu, 2008. "Political Economy Origins of Financial Markets in Europe and Asia," Discussion Papers in Economics 08/1, Division of Economics, School of Business, University of Leicester.
- Svetlana Andrianova & Panicos Demetriades & Chenggang Xu, 2008. "Political Economy Origins of Financial Markets in Europe and Asia," CEDI Discussion Paper Series 08-01, Centre for Economic Development and Institutions(CEDI), Brunel University.
- Svetlana Andrianova & Panicaos Demetriades & Chenggang Xu, 2008. "Political Economy Origins of Financial Markets in Europe and Asia," WEF Working Papers 0034, ESRC World Economy and Finance Research Programme, Birkbeck, University of London.
- Bekaert, Geert & Harvey, Campbell R. & Lundblad, Christian, 2005.
"Does financial liberalization spur growth?,"
Journal of Financial Economics, Elsevier, vol. 77(1), pages 3-55, July.
- Geert Bekaert & Campbell R. Harvey & Christian Lundblad, 2001. "Does Financial Liberalization Spur Growth?," NBER Working Papers 8245, National Bureau of Economic Research, Inc.
- Geert Bekaert & Campbell R. Harvey & Christian Lundblad, 2004. "Does Financial Liberalization Spur Growth?," Working Paper Research 53, National Bank of Belgium.
- Beck, Thorsten & Albuquerque de Sousa, José & Van Dijk, Mathijs & van Bergeijk, Peter A.G., 2016.
"Nascent markets: Understanding the success and failure of new stock markets,"
CEPR Discussion Papers
11604, C.E.P.R. Discussion Papers.
- Albuquerque de Sousa, J.A. & Beck, T. & van Bergeijk, P.A.G. & van Dijk, M.A., 2016. "Nascent markets: Understanding the success and failure of new stock markets," ISS Working Papers - General Series 623, International Institute of Social Studies of Erasmus University Rotterdam (ISS), The Hague.
- Parmendra Sharma & Eduardo Roca, 2011. "Reâ Designing Financial Systems: A Review of the Role of Stock Markets in Developing Economies," Discussion Papers in Finance finance:201120, Griffith University, Department of Accounting, Finance and Economics.
- Oriol, Nathalie & Rufini, Alexandra & Torre, Dominique, 2018.
"Fifty-shades of grey: Competition between dark and lit pools in stock exchanges,"
Information Economics and Policy, Elsevier, vol. 45(C), pages 68-85.
- Nathalie Oriol & Alexandra Rufini & Dominique Torre, 2018. "Fifty-shades of grey: competition between dark and lit pools in stock exchanges," Post-Print halshs-01860709, HAL.
- Rousseau, Peter L. & Sylla, Richard, 2005.
"Emerging financial markets and early US growth,"
Explorations in Economic History, Elsevier, vol. 42(1), pages 1-26, January.
- Peter L. Rousseau & Richard Sylla, 1999. "Emerging Financial Markets and Early U.S. Growth," NBER Working Papers 7448, National Bureau of Economic Research, Inc.
- Peter L. Rousseau & Richard Sylla, 2000. "Emerging Financial Markets and Early U.S. Growth," Vanderbilt University Department of Economics Working Papers 0015, Vanderbilt University Department of Economics.
- Peter L. Rousseau & Richard Sylla, 2000. "Emerging Financial Markets and Early U.S. Growth," Econometric Society World Congress 2000 Contributed Papers 1254, Econometric Society.
- Ho, Sin-Yu, 2017. "The Macroeconomic Determinants of Stock Market Development: Evidence from Malaysia," MPRA Paper 77232, University Library of Munich, Germany.
- Franklin Allen & Xian Gu & Oskar Kowalewski, 2017.
"Financial structure, economic growth and development,"
Post-Print
hal-01917114, HAL.
- Allen, Franklin & Gu, Xian & Kowalewski, Oskar, 2018. "Financial Structure, Economic Growth and Development," CEPR Discussion Papers 12859, C.E.P.R. Discussion Papers.
- Khalid, Usman & Shafiullah, Muhammad, 2021.
"Financial development and governance: A panel data analysis incorporating cross-sectional dependence,"
Economic Systems, Elsevier, vol. 45(2).
- Khalid, Usman & Shafiullah, Muhammad, 2020. "Financial Development and Governance: A Panel Data Analysis Incorporating Cross-sectional Dependence," MPRA Paper 100880, University Library of Munich, Germany.
- Baier, Scott L. & Dwyer, Gerald Jr. & Tamura, Robert, 2004.
"Does opening a stock exchange increase economic growth?,"
Journal of International Money and Finance, Elsevier, vol. 23(3), pages 311-331, April.
- Scott L. Baier & Gerald P. Dwyer & Robert Tamura, 2003. "Does opening a stock exchange increase economic growth?," FRB Atlanta Working Paper 2003-36, Federal Reserve Bank of Atlanta.
- Geoffrey Poitras, 2012. "From the Renaissance Exchanges to Cyberspace: A History of Stock Market Globalization," Chapters, in: Geoffrey Poitras (ed.), Handbook of Research on Stock Market Globalization, chapter 3, Edward Elgar Publishing.
- Jérémy Ducros & Angelo Riva, 2018.
"The Lyon Stock Exchange: The Survival of the Fittest (1866-1914),"
PSE Working Papers
halshs-01800720, HAL.
- Jérémy Ducros & Angelo Riva, 2018. "The Lyon Stock Exchange: The Survival of the Fittest (1866-1914)," Working Papers halshs-01800720, HAL.
- Bordo, Michael D. & Rousseau, Peter L., 2012.
"Historical evidence on the finance-trade-growth nexus,"
Journal of Banking & Finance, Elsevier, vol. 36(4), pages 1236-1243.
- Michael D. Bordo & Peter L. Rousseau, 2011. "Historical Evidence on the Finance-Trade-Growth Nexus," NBER Working Papers 17024, National Bureau of Economic Research, Inc.
- Morck, Randall & Deniz Yavuz, M. & Yeung, Bernard, 2011.
"Banking system control, capital allocation, and economy performance,"
Journal of Financial Economics, Elsevier, vol. 100(2), pages 264-283, May.
- Randall Morck & M. Deniz Yavuz & Bernard Yeung, 2009. "Banking System Control, Capital Allocation, and Economy Performance," NBER Working Papers 15575, National Bureau of Economic Research, Inc.
- Neal, Larry & White, Eugene N., 2012. "The Glass–Steagall Act in historical perspective," The Quarterly Review of Economics and Finance, Elsevier, vol. 52(2), pages 104-113.
- Allen, Franklin, et al., 2010. "How Important Historically Were Financial Systems for Growth in the U.K., U.S., Germany, and Japan?," Working Papers 10-27, University of Pennsylvania, Wharton School, Weiss Center.
- Dong-Hyeon Kim & Joyce Hsieh & Shu-Chin Lin, 2021. "Financial liberalization, political institutions, and income inequality," Empirical Economics, Springer, vol. 60(3), pages 1245-1281, March.
- Richard Sylla, 2006. "Schumpeter Redux: A Review of Raghuram G. Rajan and Luigi Zingales's Saving Capitalism from the Capitalists," Journal of Economic Literature, American Economic Association, vol. 44(2), pages 391-404, June.
More about this item
NEP fields
This paper has been announced in the following NEP Reports:- NEP-FMK-2006-03-11 (Financial Markets)
- NEP-HIS-2006-03-11 (Business, Economic & Financial History)
Statistics
Access and download statisticsCorrections
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:onb:oenbwp:115. See general information about how to correct material in RePEc.
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 bibliographic 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.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Markus Knell (email available below). General contact details of provider: https://edirc.repec.org/data/oenbbat.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.