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Uncertainty as a propagating force in the Great Depression.
- Source :
-
Journal of Economic History . Dec94, Vol. 54 Issue 4, p825. 25p. 2 Charts, 5 Graphs. - Publication Year :
- 1994
-
Abstract
- Argues that the banking crises and collapse of the international gold standard in the early 1930s contributed to the severity of the Great Depression by increasing interest-rate uncertainty. Risk premium; Financial crises, policy changes and the risk premium; Crash of 1929; Banking crises of 1930 and 1931; Britain and United States's departure from the gold standard; Investment models.
Details
- Language :
- English
- ISSN :
- 00220507
- Volume :
- 54
- Issue :
- 4
- Database :
- Academic Search Index
- Journal :
- Journal of Economic History
- Publication Type :
- Academic Journal
- Accession number :
- 9501303847
- Full Text :
- https://doi.org/10.1017/S0022050700015503