Nominal Wage Stickiness and Aggregate Supply in the Great Depression
收藏NBER1996-01-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w5439
下载链接
链接失效反馈官方服务:
资源简介:
Building on earlier work by Eichengreen and Sachs, we use data for 22 countries to study the role of wage stickiness in propagating the Great Depression. Recent research suggests that monetary shocks, transmitted internationally by the gold standard, were a major cause of the Depression. Accordingly
提供机构:
美国国家经济研究局
创建时间:
1996-01-01



