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Economic Recovery from the Argentive Great Depression: Institutions, Expectations, and the change of Macroeconomic Regime

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Author Info

  • della Paolera, G.
  • Taylor, A.M.

Abstract

This work explores how Argentina overcame the Great Depression and asks whether active macroeconomic interventions made any contribution to the recovery. In particular, we study Argentine macroeconomic policy as it deviated from gold-standard orthodoxy after the final suspension of convertibility in 1929.

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Bibliographic Info

Paper provided by Hoover Institution, Stanford University in its series Working Papers with number e-98-2.

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Length: 36 pages
Date of creation: 1998
Date of revision:
Handle: RePEc:hoo:wpaper:e-98-2

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Postal: Stanford, CA 94305-6010
Phone: 650-723-1754
Fax: 650-723-1687
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Web page: http://www.hoover.org
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Related research

Keywords: ECONOMIC HISTORY ; MONETARY POLICY ; MACROECONOMICS;

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References

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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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  1. repec:cup:etheor:v:11:y:1995:i:5:p:984-1014 is not listed on IDEAS
  2. Michael D. Bordo, 1996. "The Gold Standard as a `Good Housekeeping Seal of Approval'," NBER Working Papers 5340, National Bureau of Economic Research, Inc.
  3. Romer, Christina D., 1992. "What Ended the Great Depression?," The Journal of Economic History, Cambridge University Press, vol. 52(04), pages 757-784, December.
  4. Gerardo della Paolera and Alan M. Taylor., 1997. "Finance and Development in an Emerging Market: Argentina in the Interwar Period," Center for International and Development Economics Research (CIDER) Working Papers C97-089, University of California at Berkeley.
  5. Thomas J. Sargent, 1981. "The ends of four big inflations," Working Papers 158, Federal Reserve Bank of Minneapolis.
  6. Barry Eichengreen., 1991. "The Origins and Nature of the Great Slump, Revisited," Economics Working Papers 91-156, University of California at Berkeley.
  7. Barry Eichengreen & Peter Temin, 1997. "The Gold Standard and the Great Depression," NBER Working Papers 6060, National Bureau of Economic Research, Inc.
  8. Horvath, Michael T.K. & Watson, Mark W., 1995. "Testing for Cointegration When Some of the Cointegrating Vectors are Prespecified," Econometric Theory, Cambridge University Press, vol. 11(05), pages 984-1014, October.
  9. Ben Bernanke & Harold James, 1990. "The Gold Standard, Deflation, and Financial Crisis in the Great Depression: An International Comparison," NBER Working Papers 3488, National Bureau of Economic Research, Inc.
  10. Temin, Peter & Wigmore, Barrie A., 1990. "The end of one big deflation," Explorations in Economic History, Elsevier, vol. 27(4), pages 483-502, October.
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Citations

Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:
  1. Buscando un Premio Nobel colectivo
    by Lucas Llach in La ciencia maldita on 2010-11-03 00:55:43
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Cited by:
  1. Michael Bordo & Harold James, 2008. "A Long Term Perspective on the Euro," European Economy - Economic Papers 307, Directorate General Economic and Monetary Affairs (DG ECFIN), European Commission.
  2. Guisan, M.Carmen & Martinez, C., 2003. "Education, Industrial Development and Foreign Trade in Argentina: Econometric Models and International Comparisons," Economic Development 67, University of Santiago de Compostela. Faculty of Economics and Business. Econometrics..
  3. Prados de la Escosura, Leandro & Sanz Villarroya, Isabel, . "Contract enforcement and Argentina's long-run decline," Open Access publications from Universidad Carlos III de Madrid info:hdl:10016/439, Universidad Carlos III de Madrid.
  4. Alston, Lee J. & Gallo, Andrés A., 2010. "Electoral fraud, the rise of Peron and demise of checks and balances in Argentina," Explorations in Economic History, Elsevier, vol. 47(2), pages 179-197, April.
  5. Haubrich, Joseph G. & Ritter, Joseph A., 2004. "Committing and reneging: A dynamic model of policy regimes," International Review of Economics & Finance, Elsevier, vol. 13(1), pages 1-18.
  6. Leandro Prados de la Escosura & Isabel Sanz-Villarroya, 2004. "Institutional Instability And Growth In Argentina: A Long-Run View," Working Papers in Economic History wh046705, Universidad Carlos III, Departamento de Historia Económica e Instituciones.
  7. Michael D. Bordo & Agnieszka Markiewicz & Lars Jonung, 2011. "A Fiscal Union for the Euro: Some Lessons from History," NBER Working Papers 17380, National Bureau of Economic Research, Inc.
  8. Isabel Sanz Villarroya, 2007. "Los resultados macroeconómicos y la posición relativa de la economía argentina: 1875-2000," Working Papers in Economic History wp07-04, Universidad Carlos III, Departamento de Historia Económica e Instituciones.

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