William Quinn
Biographic Data
| ID | 3952939 |
|---|---|
| NAME | William Quinn |
| GIVEN NAMES | William |
| FAMILY NAME | Quinn |
| SIGNATURE | QUINN W |
| AFFILIATIONS | Queen's University Belfast |
| VERIFIED | No |
| TOTAL WORKS | 10 |
| TOTAL CITATIONS | 11 |
| WORKS AS AUTHOR | 10 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 1980 |
| LATEST PUBLICATION YEAR | 2026 |
| H-INDEX | 2 |
Speculation in the United Kingdom, 1785‒2019
Speculation has long been thought to have significant economic effects, but it is difficult to measure, making it challenging to examine these effects empirically. In this paper we measure speculation in the United Kingdom since 1785 by using business and financial reporting in The Times newspaper. Our monthly speculation index reveals four distinct epochs of speculation in the United Kingdom. Epochs of high speculation coincide with higher stock…
A ‘Found’ Lyric of Henry Wadsworth Longfellow
Who Wins and Loses in a Bubble? Evidence from the British Bicycle Mania
How do different types of investors perform during financial bubbles? Using a rich archival source, we explore investor performance during the British bicycle mania of the 1890s. We find that directors and employees of cycle companies reduced their holdings substantially during the crash. Those holding shares after the crash were generally not from groups stereotypically thought of as naïve, but gentlemen living near a stock exchange, who had suf…
The anatomy of a bubble company
The London Assurance Company (LA), which incorporated during the bubble of 1720, experienced more dramatic price movements in its shares than the South Sea Company. This paper examines how incorporating during the bubble affected its long run performance. We show that the bubble in the Company's share price was partly attributable to changes in market structure during the share issuance process. As a result of the bubble, the Company's original s…
Influence of a youth development leadership graduate degree program on the professional pathways of youth leaders
Bubbles in history
Bubbles have become ubiquitous. This ubiquity has stimulated research over the past three decades into bubbles in history. In this article, we provide a systematic overview of research into historical bubbles. Our analysis reveals that there is no coherent approach to the study of bubbles and much of the debate has unhelpfully focussed on the rationality/irrationality dichotomy. We then suggest a new framework for the study of historical bubbles,…
Boom and Bust
Why do stock and housing markets sometimes experience amazing booms followed by massive busts and why is this happening more and more frequently? In order to answer these questions, William Quinn and John D. Turner take us on a riveting ride through the history of financial bubbles, visiting, among other places, Paris and London in 1720, Latin America in the 1820s, Melbourne in the 1880s, New York in the 1920s, Tokyo in the 1980s, Silicon Valley …
Squeezing the bears
This article examines the extent to which Victorian investors were short-sale constrained. While previous research suggests that there were relatively few limits on arbitrage, this article argues that short-sales of stocks outside the Official List were indirectly constrained by the risk of being cornered. Evidence for this hypothesis comes from three corners in cycle company shares which occurred in 1896-7, two of which resulted in substantial l…
What moved share prices in the nineteenth-century London stock market
Using a new weekly blue-chip index, this article investigates the causes of stock price movements on the London market between 1823 and 1870. We find that economic fundamentals explain about 15 per cent of weekly and 34 per cent of monthly variation in share prices. Contemporary press reporting from the London Stock Exchange is used to ascertain what market participants thought was causing the largest movements on the market. The vast majority of…
Social Network Interaction Among Older Adults
In-depth interviews were conducted with older adults to ascertain the importance of social relations for life satisfaction. Probability sampling techniques yielded 74 respondents. The findings indicate that older adults are generally not isolatedfrom others, and that life satisfaction is not necessarily enhanced by interpersonal interaction. Two myths of aging, those concerning alienation and enrichment are thereby not supported
What moved share prices in the nineteenth-century London stock market
Using a new weekly blue-chip index, this article investigates the causes of stock price movements on the London market between 1823 and 1870. We find that economic fundamentals explain about 15 per cent of weekly and 34 per cent of monthly variation in share prices. Contemporary press reporting from the London Stock Exchange is used to ascertain what market participants thought was causing the largest movements on the market. The vast majority of…
Social Network Interaction Among Older Adults
In-depth interviews were conducted with older adults to ascertain the importance of social relations for life satisfaction. Probability sampling techniques yielded 74 respondents. The findings indicate that older adults are generally not isolatedfrom others, and that life satisfaction is not necessarily enhanced by interpersonal interaction. Two myths of aging, those concerning alienation and enrichment are thereby not supported
The anatomy of a bubble company
The London Assurance Company (LA), which incorporated during the bubble of 1720, experienced more dramatic price movements in its shares than the South Sea Company. This paper examines how incorporating during the bubble affected its long run performance. We show that the bubble in the Company's share price was partly attributable to changes in market structure during the share issuance process. As a result of the bubble, the Company's original s…
Influence of a youth development leadership graduate degree program on the professional pathways of youth leaders
Squeezing the bears
This article examines the extent to which Victorian investors were short-sale constrained. While previous research suggests that there were relatively few limits on arbitrage, this article argues that short-sales of stocks outside the Official List were indirectly constrained by the risk of being cornered. Evidence for this hypothesis comes from three corners in cycle company shares which occurred in 1896-7, two of which resulted in substantial l…
Social Network Interaction Among Older Adults
In-depth interviews were conducted with older adults to ascertain the importance of social relations for life satisfaction. Probability sampling techniques yielded 74 respondents. The findings indicate that older adults are generally not isolatedfrom others, and that life satisfaction is not necessarily enhanced by interpersonal interaction. Two myths of aging, those concerning alienation and enrichment are thereby not supported
What moved share prices in the nineteenth-century London stock market
Using a new weekly blue-chip index, this article investigates the causes of stock price movements on the London market between 1823 and 1870. We find that economic fundamentals explain about 15 per cent of weekly and 34 per cent of monthly variation in share prices. Contemporary press reporting from the London Stock Exchange is used to ascertain what market participants thought was causing the largest movements on the market. The vast majority of…
Squeezing the bears
This article examines the extent to which Victorian investors were short-sale constrained. While previous research suggests that there were relatively few limits on arbitrage, this article argues that short-sales of stocks outside the Official List were indirectly constrained by the risk of being cornered. Evidence for this hypothesis comes from three corners in cycle company shares which occurred in 1896-7, two of which resulted in substantial l…
Boom and Bust
Why do stock and housing markets sometimes experience amazing booms followed by massive busts and why is this happening more and more frequently? In order to answer these questions, William Quinn and John D. Turner take us on a riveting ride through the history of financial bubbles, visiting, among other places, Paris and London in 1720, Latin America in the 1820s, Melbourne in the 1880s, New York in the 1920s, Tokyo in the 1980s, Silicon Valley …
Influence of a youth development leadership graduate degree program on the professional pathways of youth leaders
Bubbles in history
Bubbles have become ubiquitous. This ubiquity has stimulated research over the past three decades into bubbles in history. In this article, we provide a systematic overview of research into historical bubbles. Our analysis reveals that there is no coherent approach to the study of bubbles and much of the debate has unhelpfully focussed on the rationality/irrationality dichotomy. We then suggest a new framework for the study of historical bubbles,…
The anatomy of a bubble company
The London Assurance Company (LA), which incorporated during the bubble of 1720, experienced more dramatic price movements in its shares than the South Sea Company. This paper examines how incorporating during the bubble affected its long run performance. We show that the bubble in the Company's share price was partly attributable to changes in market structure during the share issuance process. As a result of the bubble, the Company's original s…
A ‘Found’ Lyric of Henry Wadsworth Longfellow
Who Wins and Loses in a Bubble? Evidence from the British Bicycle Mania
How do different types of investors perform during financial bubbles? Using a rich archival source, we explore investor performance during the British bicycle mania of the 1890s. We find that directors and employees of cycle companies reduced their holdings substantially during the crash. Those holding shares after the crash were generally not from groups stereotypically thought of as naïve, but gentlemen living near a stock exchange, who had suf…
Speculation in the United Kingdom, 1785‒2019
Speculation has long been thought to have significant economic effects, but it is difficult to measure, making it challenging to examine these effects empirically. In this paper we measure speculation in the United Kingdom since 1785 by using business and financial reporting in The Times newspaper. Our monthly speculation index reveals four distinct epochs of speculation in the United Kingdom. Epochs of high speculation coincide with higher stock…
Economics (6 works) · Historical Economic and Social Studies (6 works) · Political science (5 works) · Law (4 works) · Economic history (3 works) · Finance (3 works) · Financial Markets and Investment Strategies (3 works) · Monetary economics (3 works) · Politics (3 works) · Psychology (3 works)