Author:
Brown William O.,Burdekin Richard C. K.
Abstract
This article examines the Confederate cotton bonds floated in Europe in March 1863 and traded on the London market. Over a 27 March 1863 to 17 June 1865 sample we isolate two, nonreversed, “turning points” that follow news of Confederate defeat at Gettysburg and Vicksburg in July 1863 and the fall of Atlanta in September 1864.
Publisher
Cambridge University Press (CUP)
Subject
Economics, Econometrics and Finance (miscellaneous),Economics and Econometrics,History
Reference25 articles.
1. Money, Expectations, and the U.S. Civil War;McCandless;American Economic Review,1996
2. A Confederate Success in Europe: The Erlanger Loan
3. Turning Points in the Civil War: Views from the Greenback Market;Willard;American Economic Review,1996
Cited by
56 articles.
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