Economically irrational pricing of 19th century British government bonds

Supplementary material for “Economically irrational pricing of 19th century British government bonds”

This manuscript presents a variety of materials supplementing the paper “Economically irrational pricing of 19th century British government bonds.” The motivation, background, and notation are all explained in that manuscript. This one does not form a coherent work by itself. The first three sections illustrate how the British establishment viewed gilts mispricing around 1870, and how the marke...

Economically irrational pricing of nineteenth century British government bonds

British government bonds formed the deepest, most liquid, and most transparent financial market of the 19th century. This paper shows that those bonds had long periods, extending over decades, of anomalous behavior, in which Consols, the largest and best known of these instruments, were noticeably overpriced relative to equivalent securities which offered the same interest rate and the same gua...

Novel market inefficiencies from early Victorian times

A previously unknown pricing anomaly existed for a few years in the late 1840s in the British government bond market, in which the larger and more liquid of two very large bonds was underpriced. None of the published mechanisms explains this phenomenon. It may be related to another pricing anomaly that existed for much of the 19th century in which terminable annuities were significantly underpr...

The Chronicle of Arsenic Poisoning in the 19th Century

Chronicle of Datura Toxicity in the 18th and 19th Century

Background: Datura stramonium is a poisonous and common flowering plant that is a member of the Solanacae family. Datura poisonings are a rare occurrence in the 21st century, making toxicological information on this plant sparse. Historical information on Datura provides useful information on the clinical symptoms and characteristics of poisonings. This review looks at the state of knowledge on...