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How did the capital market evaluate Germany's prospects for winning World War I? : evidence from the Amsterdam market for government bonds

Jopp, Tobias Alexander - In: Jahrbuch für Wirtschaftsgeschichte (2014) 2, pp. 159-184

Persistent link: https://www.econbiz.de/10010488355

How did the capital market evaluate Germany's prospects for winning World War I? Evidence from the Amsterdam market for government bonds

Jopp, Tobias A. - 2014

This study uses prices for the German 3 percent imperial loan issued in several tranches since 1890 and still traded during World War I to measure capital market players' real-time perceptions of the prospects for Germany as the war proceeded. Price data are gathered from the Amsterdam market...

Persistent link: https://www.econbiz.de/10012669402

How did the capital market evaluate Germany’s prospects for winning World War I? Evidence from the Amsterdam market for government bonds

Jopp, Tobias A. - European Historical Economics Society - EHES - 2014

This study uses prices for the German 3 percent imperial loan issued in several tranches since 1890 and still traded during World War I to measure capital market players’ real-time perceptions of the prospects for Germany as the war proceeded. Price data are gathered from the Amsterdam market...

Persistent link: https://www.econbiz.de/10010857361