Publications

Essays on the Great Depression

Type
Link
Cost
Paid
Published
2004
Updated
2009

Essays on the Great Depression is a broad view that shows us that while the Great Depression was an unparalleled disaster, some economies pulled up faster than others, and some made an opportunity out of it. By comparing and contrasting the economic strategies and statistics of the world's nations as they struggled to survive economically, the fundamental lessons of macroeconomics stand out in bold relief against a background of immense human suffering. The essays in this volume present a uniquely coherent view of the economic causes and worldwide propagation of the depression.

Table of Contents

Preface

Part One: Overview

  1. The Macroeconomics of the Great Depression: A Comparative Approach

Part Two: Money and Financial Markets

  1. Nonmonetary Effects of the Financial Crisis in the Propagation of the Great Depression

  2. The Gold Standard, Deflation, and Financial Crisis in the Great Depression: An International Comparison - With Harold James

  3. Deflation and Monetary Contraction in the Great Depression And Analysis by Simple Ratios - With Ilian Mihov

Part Three: Labor Markets

  1. The Cyclical Behavior of Industrial Labor Markets: A Comparison of the Prewar and Postwar Eras - With James L. Powell

  2. Employment, Hours, and Earnings in the Depression: An Analysis of Eight Manufacturing Industries

  3. Unemployment, Inflation, and Wages in the American Depression: Are There Lessons for Europe? - With Martin Parkinson

  4. Procyclical Labor Productivity and Competing Theories of the Business Cycle: Some Evidence from Interwar U.S. Manufacturing Industries - With Martin Parkinson

  5. Nominal Wage Stickiness and Aggregate Supply in the Great Depression - With Kevin Carey

Index