EH.Net Abstracts in Economic History

AEH: WORLD.IO: Market Performance in History

Karl Gunnar Persson (karlgunnar.persson at econ.ku.dk)

Thu May 30 11:34:12 EDT 2002

                ABSTRACTS IN ECONOMIC HISTORY
                     (c) 2002 EH.Net
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Name:  Karl Gunnar Persson
Email:  karlgunnar.persson at econ.ku.dk
Institution:  Institute of Economics, University of Copenhagen

Co-author:  none

Title:  Market Performance in History

Internet Address of abstracted work: http:;//www.econ.ku.dk/kgp/

By mail:
Institute of Economics
University of Copenhagen

Language:  English

Abstract:
A history dating the rise of the market - which interested John Hicks 
- is distinct from analyzing changes in the performance and 
efficiency of markets in history, which is the subject of this paper. 
The paper reviews some of my recently published material on market 
performance and then presents new results from work in progress. It 
documents the long history of the establishment of the law of one 
price in international wheat markets and the spectauclar changes in 
the speed of price adjustments over long stretches of time.

Bibliography: Persson, Karl Gunnar. "Market Performance in History." 
The John Hicks Lecture 2002.

Subject:  R
Geographical Area: 0
Country/Region:
Time Period:  0

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