Harvests and Financial Crises in Gold-Standard America
收藏NBER2012-12-01 更新2025-01-04 收录
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https://www.nber.org/papers/w18616
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Most American financial crises of the postbellum gold-standard era were caused by fluctuations in the cotton harvest due to exogenous factors such as weather. The transmission channel ran through export revenues and financial markets under the pre-1914 monetary regime. A poor cotton harvest
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美国国家经济研究局创建时间：
2012-12-01
