| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP8057 |
| DP8057 Lessons from the 1930s' Great Depression | |
| Nicholas Crafts; Peter Fearon | |
| 发表日期 | 2010-10-18 |
| 出版年 | 2010 |
| 语种 | 英语 |
| 摘要 | This paper provides a survey of the Great Depression comprising both a narrative account and adetailed review of the empirical evidence focusing especially on the experience of the United States. We examine the reasons for and the flawed resolution of the American banking crisis as well as the conduct of fiscal and monetary policy. we also consider the pivotal role of the gold standard in the international transmission of the slump and leaving gold as a route to recovery. Policy lessons from the Great Depression for today are discussed as are some implications for macroeconomics |
| 主题 | International Macroeconomics |
| 关键词 | Banking crisis Fiscal multiplier Gold standard Great depression |
| URL | https://cepr.org/publications/dp8057 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/536873 |
| 推荐引用方式 GB/T 7714 | Nicholas Crafts,Peter Fearon. DP8057 Lessons from the 1930s' Great Depression. 2010. |
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