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Price Flexibility, Credit Rationing, and Economic Fluctuations: Evidence from the U.S., 1879-1914

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NBER1985-10-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w1767
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资源简介:
The reawakening of interest in links between price flexibility and fluctuations in economic activity calls for a reconsideration of models of price and quantity adjustment. We examine relationships between credit disturbances and real activity under flexible prices, using monthly data on real and
提供机构:
美国国家经济研究局
创建时间:
1985-10-01
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