This paper studies external sovereign bonds as an asset class. We compile a new database of 220,000 monthly prices of foreign-currency government bonds traded in London and New York between 1815 (the Battle of Waterloo) and 2016, covering 91 countries. Our main insight is that, as in equity...

This paper studies external sovereign bonds as an asset class. We compile a new database of 220,000 monthly prices of foreign-currency government bonds traded in London and New York between 1815 (the Battle of Waterloo) and 2016, covering 91 countries. Our main insight is that, as in equity...

Der Artikel faßt die Ergebnisse einer Erhebung über das Innovationsverhalten im Bereich von Produkten und Prozessen in 1305 Betrieben der Investitionsgüterindustrie zusammen, die vom Fraunhofer-Institut für Systemtechnik und Innovationsforschung (ISI), Karlsruhe, durchgeführt wurde....