The Missing Transmission Mechanism in the Monetary Explanation of the Great Depression
收藏NBER2013-01-01 更新2025-01-04 收录
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https://www.nber.org/papers/w18746
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资源简介：
This paper examines an important gap in the monetary explanation of the Great Depression: the lack of a well-articulated and documented transmission mechanism of monetary shocks to the real economy. It begins by reviewing the challenge to Friedman and Schwartz's monetary explanation provided by the
提供机构：
美国国家经济研究局
创建时间：
2013-01-01
