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Dividends of DevelopmentSecurities Markets in the History of U.S. Capitalism, 1866-1922$
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Mary A. O’Sullivan

Print publication date: 2016

Print ISBN-13: 9780199584444

Published to Oxford Scholarship Online: November 2016

DOI: 10.1093/acprof:oso/9780199584444.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2020. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 21 October 2020

Fits and Starts in the History of US Securities Markets, 1866–1914

Fits and Starts in the History of US Securities Markets, 1866–1914

(p.21) 1 Fits and Starts in the History of US Securities Markets, 1866–1914
Dividends of Development

Mary A. O’Sullivan

Oxford University Press

This chapter summarizes the book’s general findings about the trajectory, the operation, and the underlying dynamics of the US securities markets from 1866 to 1914. In addition, it highlights the significance of these findings in the context of the historical and social science literatures on the development of securities markets by showing how they confront existing interpretations of the history of US securities markets and suggest new avenues for further research. The findings of this overview chapter provide the structuring logic for subsequent chapters of the book, which are organized in a chronological narrative and analyse crucial periods in the evolution of markets for US corporate securities.

Keywords:   securities markets, primary market, secondary market, investment and speculative demand, corporate finance

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