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Macroeconomic Crises since 1870

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NBER2008-04-01 更新2025-01-04 收录
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https://www.nber.org/papers/w13940
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We build on the Maddison GDP data to assemble international time series from before 1914 on real per capita personal consumer expenditure, C. We also improve the GDP data in many cases. The C variable comes closer than GDP to the consumption concept that enters into usual asset-pricing equations. (A
创建时间:
2008-04-01
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