Add to ORKGWas the Gold Standard a major determinant of the onset and the protracted character of the the Great Depression of the 1930s in the United States and Worldwide? In this paper, we model the ‘Gold-Standard hypothesis’ in a dynamic general equilibrium framework. We show that encompassing the international and monetary dimensions of the Great Depression is important to understand what happened in the 1930s, especially outside the United States. Contrary to what is often maintained in the literature, our results suggest that the vague of successive nominal exchange rate devaluations coupled with the monetary policy implemented in the United States did not act as a relief. On the contrary, they made the Depression worse
The Great Depression was the most severe and extensive economic crisis in modern history. US industr...
The last decade has seen an outpouring of scholarship on the economics of the Great Depression. If t...
This paper constructs a theoretical model to show how the credibility of a country’s commitment to a...
Was the Gold Standard a major determinant of the onset and protracted character of the Great Depress...
Was the Gold Standard a major determinant of the onset and protracted character of the Great Depress...
Was the Gold Standard a major determinant of the onset and protracted character of the Great Depress...
As an example of Cliometrics, this paper empirically reexamine a recent breakthrough in the study of...
As an example of Cliometrics, this paper empirically reexamine a recent breakthrough in the study of...
As Professor Balderston notes in his introduction to this volume, history is necessarily written in ...
As an example of Cliometrics, this paper empirically reexamine a recent breakthrough in the study of...
We evaluate the Friedman-Schwartz hypothesis that a more accommodative monetary pol-icy could have g...
To a first approximation, the question of how the Great Depression spread from country to country is...
Recent research has provided strong circumstantial evidence for the proposition that sustained defla...
This paper provides a survey of the Great Depression comprising both a narrative account and a detai...
Abstract This paper provides a survey of the Great Depression comprising both a narrative account an...
The Great Depression was the most severe and extensive economic crisis in modern history. US industr...
The last decade has seen an outpouring of scholarship on the economics of the Great Depression. If t...
This paper constructs a theoretical model to show how the credibility of a country’s commitment to a...
Was the Gold Standard a major determinant of the onset and protracted character of the Great Depress...
Was the Gold Standard a major determinant of the onset and protracted character of the Great Depress...
Was the Gold Standard a major determinant of the onset and protracted character of the Great Depress...
As an example of Cliometrics, this paper empirically reexamine a recent breakthrough in the study of...
As an example of Cliometrics, this paper empirically reexamine a recent breakthrough in the study of...
As Professor Balderston notes in his introduction to this volume, history is necessarily written in ...
As an example of Cliometrics, this paper empirically reexamine a recent breakthrough in the study of...
We evaluate the Friedman-Schwartz hypothesis that a more accommodative monetary pol-icy could have g...
To a first approximation, the question of how the Great Depression spread from country to country is...
Recent research has provided strong circumstantial evidence for the proposition that sustained defla...
This paper provides a survey of the Great Depression comprising both a narrative account and a detai...
Abstract This paper provides a survey of the Great Depression comprising both a narrative account an...
The Great Depression was the most severe and extensive economic crisis in modern history. US industr...
The last decade has seen an outpouring of scholarship on the economics of the Great Depression. If t...
This paper constructs a theoretical model to show how the credibility of a country’s commitment to a...