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Financial Panics: Their Implications for the Mix of Domestic and Foreign Investments of Great Britain, 1880–1913

James M. Stone

The Quarterly Journal of Economics · 1971 · Volume 85 · Issue 2

DOI: 10.2307/1880706

Abstract

I. Goals and methodology, 304. — II. The Cairncross theory, 306. — III. Construction of a model, 308. — IV. Testing the model, 311. — V. The results and their implications, 318. — VI. A simple correlation analysis, 322. — VII. Conclusions, 324.

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