Gold sterilization and the recession of 1937 - 38
"The Recession of 1937-38 is often cited as illustrating the dangers of withdrawing fiscal and monetary stimulus too early in a weak recovery. Yet our understanding of this severe downturn is incomplete: existing studies find that changes in fiscal policy were small in comparison to the magnit...
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Format: | UnknownFormat |
Sprache: | eng |
Veröffentlicht: |
Cambridge, Mass.
2011
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Schriftenreihe: | NBER working paper series
17595 |
Schlagworte: |
1937-1938
> Konjunktur
> Finanzpolitik
> Geldpolitik
> Goldstandard
> Zins
> Wirtschaftskrise
> USA
> Arbeitspapier
> Graue Literatur
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