American Business Cycle Volatility in Historical Perspective: Revised Estimates of Real GDP, 1869-1913

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American Business Cycle Volatility in Historical Perspective: Revised Estimates of Real GDP, 1869-1913

Author Info

Siegler, M.V.

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Mark V. Siegler

Abstract

This paper examines the magnitude and timing of American business cycles from 1869 to 1928, with particular emphasis on the pre-World War I period. A new real output series is constructed which resurrects the conclusion that pre-World War I business cycles were twice as severe as post-World War II business cycles.

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Publisher Info
Paper provided by Department of Economics, Williams College in its series Department of Economics Working Papers with number 184.

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Length: 46 pages
Date of creation: 1998
Date of revision:
Handle: RePEc:wil:wileco:184

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Find related papers by JEL classification:
E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
N11 - Economic History - - Macroeconomics and Monetary Economics; Growth and Fluctuations - - - U.S.; Canada: Pre-1913

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This page was last updated on 2009-11-17.

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