Working Paper

Economic growth in Argentina in the period 1900-30: some evidence from stock returns


Abstract: This paper reports the first stage of a project to recover Argentine stock market data for the entire 20th century. The authors find that real rates of return on Argentine stocks and bonds after 1920 were above those in the Belle poque, and that they were consistent with the view that in the postwar period Argentina remained firmly integrated with international financial markets.

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Bibliographic Information

Provider: Federal Reserve Bank of Philadelphia

Part of Series: Working Papers

Publication Date: 1997

Number: 97-22