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Silver Points, Silver Flows, and the Measure of Chinese Financial Integration

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NBER2016-10-01 更新2025-01-04 收录
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https://www.nber.org/papers/w22747
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资源简介:
To what degree were Chinese financial markets integrated with the rest of the world prior to the 1949 Revolution and to what extent was the Chinese foreign exchange market efficient during this period? We estimate silver points for the Shanghai market from 1905 to 1933 to answer these questions. Our
提供机构:
美国国家经济研究局
创建时间:
2016-10-01
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