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Sources of Output Fluctuations During the Interwar Period: Further Evidence on the Causes of the Great Depression

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NBER1992-04-01 更新2025-01-04 收录
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This paper decomposes output fluctuations during the 1913 to 1940 period into components resulting from aggregate supply and aggregate demand shocks. We estimates a number of different models, all of which yield qualitatively similar results. While identification is normally achieved by assuming

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1992-04-01
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