Victory or Repudiation? The Probability of the Southern Confederacy Winning the Civil War
---- Acknowledgements -----
The authors would like to thank Fabio Braggion, Richard Burdekin, André Farber, Cherelt Kroeze and Joel Mokyr, as well as the participants of the 2007 Financial history workshop in Utrecht and the 7th EHES conference in Lund for comments. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.