"Liquidation" Cycles: Old-Fashioned Real Business Cycle Theory and the Great Depression
收藏NBER1990-12-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w3546
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资源简介：
During the 1929-33 slide into the Great Depression, the Federal Reserve took almost no steps to keep the money supply or the price level stable. Instead, the Federal Reserve acted - disastrously - as if the gathering Great Depression could not be avoided, and was best endured. Such a liquidationist'
提供机构：
美国国家经济研究局
创建时间：
1990-12-01
