Lender of Last Resort and Local Economic Outcomes
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https://www.nber.org/papers/w34988
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资源简介：
This paper studies the long-run labor market consequences of lender-of-last-resort (LLR) intervention during the Great Depression. I exploit a natural experiment created by the Federal Reserve district border separating counties under the jurisdiction of the Atlanta and St. Louis Federal Reserve
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美国国家经济研究局创建时间：
2026-03-01
