Comment la croissance américaine aurait-elle réagi à une politique monétaire expansionniste en 1929 ?. Les enseignements cliométriques d'une simulation svar
This 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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Volume (Year): 62 (2011)
Issue (Month): 6 ()
Pages: 1081-1093
| Handle: | RePEc:cai:recosp:reco_626_1081 |
| Contact details of provider: | Web page: http://www.cairn.info/revue-economique.htm
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