Which U.S. States Suffered a Greater Great Depression and Why?
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Aggregate real U.S. GDP fell by roughly 26 percent between 1929 and 1932, yet the severity of the Great Depression varied dramatically across states: CPI-deflated income per capita declined by 15 percent in Maryland but by 48 percent in South Dakota. To analyze this heterogeneity, we digitize
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美国国家经济研究局创建时间：
2026-04-01
