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Historical events are reflected in asset prices. In this paper, we analyse government bond prices of Germany and Austria traded on the Swiss bourse during WWII. Some war events that are generally considered crucial are clearly reflected in government bond prices. This holds, in particular, for...
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economy allows both cross-border trade and capital flows. This theory can go some way in accounting for the cross …
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the political economy of financial development. Empirically, our analysis suggests that the forces opposing financial …
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economy allows both cross-border trade and capital flows. This theory can go some way in accounting for the cross …
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