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This paper describes regularities in the intraday spreads and prices quoted by dealers on the London Stock Exchange. It …
Persistent link: https://www.econbiz.de/10013155968
This paper examines the consequences of the 2015 reform on the London fixing in the interbank forex market, which …
Persistent link: https://www.econbiz.de/10012958583
Using newly-constructed spatially-disaggregated data for London from 1801-1921, we show that the invention of the steam … find that removing the entire railway network reduces the population and the value of land and buildings in London by up to … 51.5 and 53.3 percent respectively, and decreases net commuting into the historical center of London by more than 300 …
Persistent link: https://www.econbiz.de/10012911089
West Germany's external debt and create a series of favourable debt repayment conditions. The London Debt Agreement (LDA …
Persistent link: https://www.econbiz.de/10012984122
This study provides new evidence on the impact of air pollution in a high-pollution high-mortality setting: London over … London's famous fog events, which trapped emissions in the city. My results show that acute pollution exposure due to fog … events accounted for at least one out of every 200 deaths in London during this century. I also provide the first well …
Persistent link: https://www.econbiz.de/10012922212
This paper uses an original data set of more than 3000 cases from 1918 to 1926 in the Central Criminal Courts of London …
Persistent link: https://www.econbiz.de/10012998961
This paper discusses the fundamental underpinnings and some implications of transaction cost regulation (TCR), a framework to analyze the interaction between governments and investors fundamentally, but not exclusively, in utility industries. TCR sees regulation as the governance structure of...
Persistent link: https://www.econbiz.de/10013130971
This note describes the unraveling of transaction dates in several markets, including the labor markets for new lawyers hired by large law firms and for gastroenterology fellows, and the market for post-season college football bowls. Together these will illustrate that unraveling can occur in...
Persistent link: https://www.econbiz.de/10013135760
Home bias is a perennial feature of international capital markets. We review various explanations of this puzzling phenomenon highlighting recent developments in macroeconomic modelling that incorporate international portfolio choices in standard two-country general equilibrium models. We refer...
Persistent link: https://www.econbiz.de/10013117208
We develop a theoretical model of international trade pricing in which individual exporters and importers bargain over the transaction price and exposure to exchange rate fluctuations. We find that the choice of price and invoicing currency reflects the full market structure, including the...
Persistent link: https://www.econbiz.de/10013083079