Young, Andrew T.; Du, Shaoyin - In: Southern Economic Journal 76 (2009) 2, pp. 310-327
Cover and Pecorino (2005) claim that the March 1933 departure from the gold standard is the most probable break point ushering in an era of longer U.S. expansions, both absolutely and relative to subsequent recessions. Their analysis is based on cycle durations as defined by National Bureau of...