Evolution of the external account under international capital market frictions

1998 ◽  
Vol 59 (3) ◽  
pp. 347-351 ◽  
Author(s):  
Philip R. Lane
Keyword(s):  
Capital Market ◽  
Market Frictions ◽  
International Capital ◽  
International Capital Market ◽  
External Account

Using chaos measures to examine international capital market integration

1996 ◽  
Vol 6 (2) ◽  
pp. 91-101 ◽  
Author(s):  
Susan P. Sewell ◽  
Stanley R. Stansell ◽  
Insup Lee ◽  
Scott D. Below
Keyword(s):  
Capital Market ◽  
Market Integration ◽  
International Capital ◽  
International Capital Market ◽  
Capital Market Integration

“Una fiera senza luogo”: Was Bisenzone an International Capital Market in Sixteenth-Century Italy?

2008 ◽  
Vol 68 (4) ◽  
pp. 1098-1122 ◽  
Author(s):  
LUCIANO PEZZOLO ◽  
GIUSEPPE TATTARA
Keyword(s):  
Seventeenth Century ◽  
Sixteenth Century ◽  
Financial Markets ◽  
Capital Market ◽  
International Capital ◽  
Short Term ◽  
Financial Network ◽  
International Capital Market ◽  
International Scale

From the mid-sixteenth to the early seventeenth century, Genoese bankers collected money from a variety of sources and lent it to the king of Spain. It was all made possible by the Bisenzone exchange fairs, which created an efficient financial network under Genoese control and permitted arbitrage among northern Italian financial markets. At Bisenzone, Genoese bankers raised money for these loans from a variety of sources, which reduced the risks of lending and funded the king's long-term obligations via short term loans. Bisenzone was in many ways an offshore capital market which operated on an international scale, or, in the language of the sixteenth century, a fair without a place—una fiera senza luogo.

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