[eng] In the XIXth century, Paris is a dominant international financial centre. In the second half of the XIXth century, many foreign projects get financing on the Paris market. This success can be explained by financial reasons. . JEL Classification : N23

[eng] The Paris stock exchange financing of the infrastructure in the XIXth century. The private societies provide the emerging countries with infrastructures and utilities. In these countries, privatization of the utilities seems a modern answer to solve their problems of recurrent budget...

[fre] Au 19e siècle, Paris représente un pôle incontournable de la finance internationale. L’épargne abonde et finance des projets étrangers à partir de la seconde moitié du 19e siècle. Les explications habituellement données à cette évolution sont d’ordre économique et...

Following Waterloo, managing French public finances represented a daunting task. Defeated France had lost a substantial part of its population and territory. The country was partially occupied and France was to pay huge amounts as reparations to the victors. Furthermore, France’s reputation...

Following Waterloo, managing French public finances represented a daunting task. Defeated France had lost a substantial part of its population and territory. The country was partially occupied and France was to pay huge amounts as reparations to the victors. Furthermore, France’s reputation...

[fre] Un marché boursier organisé doit remplir principalement deux fonctions : collecter des fonds pour l’allocation optimale des ressources et transférer le risque financier des intervenants. L’objet de cet article est de montrer que la Bourse de Paris a rempli ces fonctions avec succès...

[eng] The Actual Return on Stock Market Investments from 1950 to 1992 . The actual return on equity investments over the forty-three year period from 1950 to 1992 is evaluated by transforming the stock market indices into portfolios. The study presented here uses a new methodology for bond...