Construct · 1 fields · 1 citations

monetary explanation of Depression recovery: a standalone construct

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Economic history

the argument that monetary expansion from gold inflows, not fiscal policy, drove US recovery after 1933.

In economic history, monetary explanation of Depression recovery refers to the argument that monetary expansion from gold inflows, not fiscal policy, drove US recovery after 1933. This meaning comes from Romer (1992) in The Journal of Economic History.[1]

Unit
Recovery means
Measured by

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Nearby constructs

argument3 fields · 3 citationsjingle · one word, three constructs depression3 fields · 3 citationsjingle · one word, three constructs expansion4 fields · 4 citationsjingle · one word, four expansions

References

Romer, C. D. (1992). What Ended the Great Depression? The Journal of Economic History, 52(4), 757-784. https://doi.org/10.1017/s002205070001189x

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