Abstract
Shea offers three main criticisms of our article. These relate to the legal status of subscription receipts, the relevance of post-crash trading data and the appropriate treatment of counterparty risk. In sections i-iii we
refute Shea's arguments, and in section iv we suggest some further areas for research.
| Original language | English |
|---|---|
| Pages (from-to) | 766-772 |
| Number of pages | 6 |
| Journal | Economic History Review |
| Volume | 60 |
| Issue number | 4 |
| DOIs | |
| Publication status | Published - Nov 2007 |
Keywords
- financial markets
- history
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