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Comment la croissance américaine aurait-elle réagi à une politique monétaire expansionniste en 1929 ? Les enseignements cliométriques d’une simulation SVAR

Author

Listed:
  • Claude Diebolt

    (BETA/CNRS et Association Française de Cliométrie)

  • Antoine Parent

    (BETA/CNRS et Association Française de Cliométrie)

  • Jamel Trabelsi

    (BETA/CNRS et Association Française de Cliométrie)

Abstract

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
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • 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).
    • Handle: RePEc:afc:wpaper:11-10
    as

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    References listed on IDEAS

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    More about this item

    JEL classification:

    • N12 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - U.S.; Canada: 1913-

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