The End of the Great Depression 1939-41: Policy Contributions and Fiscal Multipliers
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This paper is about the size of fiscal multipliers and the sources of recovery from the Great Depression. Its baseline result is that 89.1 percent of the 1939:Q1-1941:Q4 recovery can be attributed to fiscal policy innovations, 34.1 percent to monetary policy innovations and the remaining -23.2
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美国国家经济研究局创建时间：
2010-09-01
