Capital Markets in China and Britain, 18th and 19th Century: Evidence from Grain Prices
收藏NBER2015-07-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w21349
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资源简介：
Based on the most comprehensive grain prices available, we employ a storage model to estimate consistent interest rates and compare capital market development in Britain and China. Interest rates for Britain were lower than Chinas on average by about three percentage points from 1770 to 1860.
提供机构：
美国国家经济研究局
创建时间：
2015-07-01
