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The Lessons from the Banking Panics in the United States in the 1930s for the Financial Crisis of 2007-2008

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NBER2010-09-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w16365
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In this paper we revisit the debate over the role of the banking panics in 1930-33 in precipitating the Great Contraction. The issue hinges over whether the panics were illiquidity shocks and hence in support of Friedman and Schwartz (1963) greatly exacerbated the recession which had begun in 1929,
提供机构:
美国国家经济研究局
创建时间:
2010-09-01
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