This paper investigates empirically the interrelationships between the daily stock market returns of the Nikkei 225 …

Black Death struck most areas of Europe and the wider Mediterranean. Based on a modified version of the gravity model, we …

This paper studies the market microstructure of pre-industrial Europe. In particular we investigate the institution of … merchant towns in Central and Western Europe from the late 13th to the end of the 17th century. We show that towns implemented … brokerage as an efficient matchmaking institution in a two-sided market problem. Furthermore, towns differentiated seller …

modeling the effects of financial market integration on the optimal choice of the pricing currency in the context of rigid …