Recovery of 1933
收藏NBER2019-03-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w25629
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资源简介：
When Roosevelt abandoned the gold standard in April 1933, he converted government debt from a tax-backed claim to gold to a claim to dollars, opening the door to unbacked fiscal expansion. Roosevelt followed a state-contingent fiscal rule that ran nominal-debt-financed primary deficits until the
提供机构：
美国国家经济研究局
创建时间：
2019-03-01
