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Capital Flows to the New World as an Intergenerational Transfer

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NBER1991-12-01 更新2025-01-04 收录
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https://www.nber.org/papers/h0032
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Why did international capital flows rise to such heights in the late 19th century, the years between 1907 and 1913 in particular? Britain placed half of her annual savings abroad during those seven years, and 76 percent of it went to the New World countries of Canada, Australia, the USA, Argentina
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1991-12-01
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