The Gold Standard, Deflation, and Financial Crisis in the Great Depression: An International Comparison
收藏NBER1990-10-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w3488
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Recent research has provided strong circumstantial evidence for the proposition that sustained deflation -- the result of a mismanaged international gold standard -- was a major cause of the Great Depression of the 1930s. Less clear is the mechanism by which deflation led to depression. In this
提供机构：
美国国家经济研究局
创建时间：
1990-10-01
