Construct · 1 fields · 1 citations

spending hypothesis: a standalone construct

One name. One construct. A landmark on the map.

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Economic history

thesis that an autonomous fall in consumption and investment spending, rather than money, set off the Great Depression.

In economic history, spending hypothesis refers to thesis that an autonomous fall in consumption and investment spending, rather than money, set off the Great Depression. This meaning comes from Temin (1976) in Did monetary forces cause the Great Depression?.[1]

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Nearby constructs

cause3 fields · 7 citationsjingle · one word, three constructs consumption3 fields · 5 citationsjingle · one word, three constructs depression3 fields · 3 citationsjingle · one word, three constructs

References

Temin, P. (1976). Did monetary forces cause the Great Depression?. Norton. ISBN 9780393055610

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