Furlong, Kieran - In: Canadian Journal of Economics 34 (2001) 1, pp. 165-173
Economic historians have assumed that the call loan market in Canada was insignificant before 1900. In this paper I present a monthly series for the call loan rate recorded daily by the between 1871 and 1907, which corresponds closely with the known post-1900 rate in 1900-07. Evidence from...