Work

Women investors in early capital markets, 1720–1725

Year: 2004

Type: article

Abstract: Using the transfer records and ledger books of the Bank of England, this article examines women's market activity during and after the South Sea Bubble. Women are classified by marital or social status. During 1720, women's activity constituted 13 per cent of transactions measured by value, 10 per cent of total sales and 8 per cent of total purchases. While individual women lost and made money from their market activity, women's net position over the Bubble was positive. We also provide a case study of Johanna Cock, one of the larger broker/jobbers in Bank stock. By September 1720, women made up 20 per cent of Bank shareholders holding 10 per cent of the capital stock. By September 1725, women held nearly 15 per cent of a much larger capital stock.

Source: Financial History Review

DOI: 10.1017/s0968565004000137

Authors: ANN M. CARLOS, LARRY NEAL

Institutions: Trinity College Dublin, University of Colorado System, University of Illinois Urbana-Champaign, University of Illinois System

Language: English

Topic: Historical Economic and Social Studies

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Gender equality

Open Access status: bronze

Funder: National Science Foundation