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The Belle Epoque of international finance: French capital exports, 1880-1914

Abstract:
This paper introduces a new dataset of French investments in foreign securities. This is the most detailed data available to date. The data is used to study the composition, valuation, and total return of the French portfolio of non-sovereign foreign securities on the 34 years before World War 1. Additional insights are obtained about the structure of the financial market in France.
Publication status:
Published

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Publisher:
University of Oxford
Series:
Department of Economics Discussion Paper Series
Publication date:
2011-02-01
Paper number:
534


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Pubs id:
1143899
Local pid:
pubs:1143899
Deposit date:
2020-12-15
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