The Integration and Efficiency of the London and Amsterdam Stock Markets in the Eighteenth Century
研究了18世纪初阿姆斯特丹与伦敦国际资本市场的运作，发现自1723年起两个市场高效且一体化。
This article explores the operation of the international capital market between Amsterdam and London in the early eighteenth century and concludes that both markets were efficient and well integrated from 1723 on.