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Austria traded on the Swiss bourse during WWII. Some war events that are generally considered crucial are clearly reflected in … government bond prices. This holds, in particular, for the official outbreak of the war and the loss and gain of national …
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Austria traded on the Swiss bourse during WWII. Some war events that are generally considered crucial are clearly reflected in … government bond prices. This holds, in particular, for the official outbreak of the war and the loss and gain of national …
Persistent link: https://www.econbiz.de/10001447023
and Austria; on the side of the Allies, France; and the two neutral countries Belgium and Switzerland. The econometric … the Swiss stock exchange during WWII provides a useful way of interpreting the importance attributed to various war events … countries considered. This holds, in particular, for the official outbreak of the war in July to September 1939 (which sent down …
Persistent link: https://www.econbiz.de/10005627815
. Unlike in countries involved in WWII, this market was unregulated. The outbreak of World War II heavily depressed prices of … substantially. The battle of Stalingrad turns out indeed to be a turning-point of the war. This approach represents a complementary … quantitative method to analyze the impact of political events. -- Financial Markets ; Economic History ; WWII ; Europe …
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: Britain, France, Italy, Germany, and Austria-Hungary. At the outbreak of the war these nations suspended convertibility of …I estimate a single factor model of Swiss exchange rates during World War I for five of the primary belligerents … their currencies into gold with the promise that after the war each would restore convertibility at the old par. However …
Persistent link: https://www.econbiz.de/10014125043
For almost a century, we document a significant January effect on the French equity market. We find strong evidences in favor of the tax-loss selling explanation for this phenomenon. Indeed, the January effect was insignificant before the introduction of a “confiscatory tax” on capital gains...
Persistent link: https://www.econbiz.de/10012954905