Learning and the Creation of Stock-Market Institutions
Evidence from the Royal African and Hudson's Bay Companies, 1670–1700
Bibliographic Data
| ID | 10095028 |
|---|---|
| Authors | Ann M Carlos (University of Colorado Boulder, corresponding author), Jennifer Key (University of Colorado Boulder), Jill Dupree (College of the Holy Cross), Jill L Dupree |
| Year | 1998 |
| Volume | 58 |
| Issue | 2 |
| Pages | 318-344 |
| Publication date | 1998-06-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Journal of Economic History (JOURNAL) |
| Journal identifiers | ISSN: 0022-0507 • E-ISSN: 1471-6372 |
| Publisher | Cambridge University Press (CUP) (PUBLISHER) |
| DOI | 10.1017/s0022050700020532 |
| OpenAlex | W2085492568 |
| Language | EN |
| Citations received | 13 |
| References cited | 17 |
In this article we use a unique source—a 30-year time series of the share transactions of two joint-stock companies—to examine the growth of the London capital market prior to and immediately after the Glorious Revolution. We argue that the London experience with open capital markets was not solely the result of 1689. Rather it was the learning by private individuals and goldsmith bankers which took place in the decades before 1689 that allowed the market to take full advantage of the property rights changes which occurred with the change in regimes
Business · Capital (architecture · Capital market · Commerce · Economics · Market economy · Monetary economics · Stock (firearms · Stock market · Australian History and Society · Finance · Historical Economic and Social Studies · History · Scottish History and National Identity
Tracking the growth of government securities investing in early modern England and Wales
The social structure of liquidity
‘A knavish people…’
Dealing with Uncertainty
Democracia e plutocracia nas companhias coloniais pombalinas, 1757-1777
Political Economy Origins of Financial Markets in Europe and Asia
The Development of Intermediation in French Credit Markets
Royal African Company Share Prices during the South Sea Bubble
The Social Networks of Investment in Early Modern England
Financial Developments in London in the Seventeenth Century
The Stop of the Exchequer and the Secondary Market for English Sovereign Debt, 1677-1705
Share portfolios in the early years of financial capitalism
Trading options before Black-Scholes
The constitution and finance of English, Scottish and Irish joint-stock companies to 1720
The Rise of Financial Capitalism
City of Capital
Royal African Company
The Sinews of Power
Constitutions and Commitment
Financial institutions and economic development
The Relative Importance of Slaves and Commodities in the Atlantic Trade of Seventeenth-Century Africa
Stock Transfer Patterns in the Hudson's Bay Company
Investment and Empire in the Later Eighteenth Century
A Fractured Society
The Decline of the Royal African Company
Joint-Stock Investment in the Later Seventeenth Century
| Unique citing works | 13 |
|---|---|
| Citations per year | 0,48 |
| Citation span | 1999 - 2023 (25) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 13 |