Stringham, Edward; Boettke, Peter; Clark, J.R. - In: The Quarterly Review of Economics and Finance 48 (2008) 3, pp. 541-566
Does the emergence of a stock market require a well-developed legal and/or regulatory system? Although historical work by Neal and Davis [Neal, L., & Davis, L. (2005). The evolution of the rules and regulations of the first emerging markets: The London, New York, and Paris stock exchanges,...
