Skip to main content Accessibility help
×
Home
Hostname: page-component-846f6c7c4f-fw8f9 Total loading time: 0.164 Render date: 2022-07-07T13:35:46.116Z Has data issue: true Feature Flags: { "shouldUseShareProductTool": true, "shouldUseHypothesis": true, "isUnsiloEnabled": true, "useRatesEcommerce": false, "useNewApi": true } hasContentIssue true

The rise and decline of the Irish stock market, 1865–1913

Published online by Cambridge University Press:  04 April 2005

CHARLES R. HICKSON
Affiliation:
School of Management and Economics, Queen's University of Belfast, Belfast, BT7 1NN
JOHN D. TURNER
Affiliation:
School of Management and Economics, Queen's University of Belfast, Belfast, BT7 1NN
Get access

Abstract

Little is known about the size and performance of the Irish stock market in the half-century before 1914. Using data obtained from the Investors' Monthly Manual, we calculate total market capitalisation and construct a stock market index for the period 1865 to 1913. In addition, we also calculate dividend yields, and examine the performance of the market for company debentures. The results show that the Irish stock market grew steadily up until 1897; thereafter it declined markedly. We speculate that this decline may be explained by political developments.

Type
Research Article
Copyright
© Cambridge University Press 2005

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Save article to Kindle

To save this article to your Kindle, first ensure coreplatform@cambridge.org is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

The rise and decline of the Irish stock market, 1865–1913
Available formats
×

Save article to Dropbox

To save this article to your Dropbox account, please select one or more formats and confirm that you agree to abide by our usage policies. If this is the first time you used this feature, you will be asked to authorise Cambridge Core to connect with your Dropbox account. Find out more about saving content to Dropbox.

The rise and decline of the Irish stock market, 1865–1913
Available formats
×

Save article to Google Drive

To save this article to your Google Drive account, please select one or more formats and confirm that you agree to abide by our usage policies. If this is the first time you used this feature, you will be asked to authorise Cambridge Core to connect with your Google Drive account. Find out more about saving content to Google Drive.

The rise and decline of the Irish stock market, 1865–1913
Available formats
×
×

Reply to: Submit a response

Please enter your response.

Your details

Please enter a valid email address.

Conflicting interests

Do you have any conflicting interests? *