Comment la croissance américaine aurait-elle réagi à une politique monétaire expansionniste en 1929 ?. Les enseignements cliométriques d'une simulation svar
AbstractThis article deals with the relevancy of expansionary monetary policy in a situation of financial crisis in an historical perspective. We simulate, within a svar framework, the effects of expansionary monetary policy over the period 1929-1933, in the us. We suggest a renewed monetary lesson in order to enrich current monetary policies. Classification JEL : B23 ; E58 ; N12
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Bibliographic InfoArticle provided by Presses de Sciences-Po in its journal Revue économique.
Volume (Year): 62 (2011)
Issue (Month): 6 ()
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Web page: http://www.cairn.info/revue-economique.htm
Other versions of this item:
- Claude Diebolt & Antoine Parent & Jamel Trabelsi, 2011. "Comment la croissance américaine aurait-elle réagi à une politique monétaire expansionniste en 1929 ? Les enseignements cliométriques d’une simulation SVAR," Working Papers 11-10, Association Française de Cliométrie (AFC).
- N12 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - U.S.; Canada: 1913-
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