Title of article :
Businesscycleco-movement:EvidencefromtheGreatDepression
Author/Authors :
Gabriel P. Mathy، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2011
Pages :
11
From page :
362
To page :
372
Abstract :
Recentanalysisfocusesonthegoldstandardasachannelforthetransmissionofthe Great Depression.Tradelinkages,whichloomlargeintherecentliterature,playa smallerrole.Boththegoldstandardandtradewereassociatedwithhigherco-move- ment atthebilaterallevelduringtheentireinterwarperiod.Wedocumentthatfixed exchangeratesandtrademadeacomebackafter1932,butco-movementdeclined.The fall after1932appearstobedrivenbytheriseofsmallerblocsbasedonmonetaryand trade cooperationandanaccompanyingfallinco-movementbetweenblocs
Journal title :
Journal of Monetary Economics
Serial Year :
2011
Journal title :
Journal of Monetary Economics
Record number :
846476
Link To Document :
بازگشت