The Belle Epoque of International Finance: French Capital Exports, 1880‐1914
59 Pages Posted: 18 Mar 2012
Date Written: June 2011
This paper introduces a new dataset of French investments in foreign securities. This is the most detailed data available to date. The data is used to study the composition, valuation, and total return of the French portfolio of non‐sovereign foreign securities on the 34 years before World War I. Additional insights are obtained about the structure of the financial market in France.
Keywords: International Capital Flows, France, Pre-1913
JEL Classification: F21, N20
Suggested Citation: Suggested Citation