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Wallis, John Joseph - 2001

The 1830s were a decade of enormous importance in American economic history. A disproportionate amount of attention has been paid to the Panic of 1837. The Crisis of 1839, however, led to four years of deflation and depression. This paper shows that events in 1839 followed a different path than...

Persistent link: https://www.econbiz.de/10012470528

Aggregate Price Shocks and Financial Instability : An Historical Analysis

Bordo, Michael D. - 2000

contributed to financial instability during 1790-1933, and that inflation rate shocks contributed to financial instability during …

Persistent link: https://www.econbiz.de/10012471139

America's Only Peacetime Inflation : The 1970s

De Long, J. Bradford - 1996

The 1970s were America's only peacetime inflation, as uncertainty about prices made every business decision a … speculation on monetary policy. In magnitude, the total rise in the price level from the spurt in inflation to the five … of the 1970s inflation was the shadow of the Great Depression. The memory left by the Depression predisposed the left and …

Persistent link: https://www.econbiz.de/10012473299

Intertemporal asset pricing without consumption data

Campbell, John Y. - National Bureau of Economic Research - 1992

Persistent link: https://www.econbiz.de/10000136599

Transfers

Sala-i-Martin, Xavier - National Bureau of Economic Research - 1992

Persistent link: https://www.econbiz.de/10000136781

How Long Did It Take the United States to Become an Optimal Currency Area?

Rockoff, Hugh - 2000

The United States is often taken to be the exemplar of the benefits of a monetary union. Since 1788 Americans, with the exception of the Civil War years, have been able to buy and sell goods, travel, and invest within a vast area without ever having to be concerned about changes in exchange...

Persistent link: https://www.econbiz.de/10012471140

Cliometrics and the Nobel

Goldin, Claudia - National Bureau of Economic Research - 1994

In October 1993, the Royal Swedish Academy of Sciences awarded the Nobel Prize in Economics to Robert William Fogel and Douglass Cecil North `for having renewed research in economic history.' The Academy noted that `they were pioneers in the branch of economic history that has been called the...

Persistent link: https://www.econbiz.de/10012473961

Employer Recruitment and the Integration of Industrial Labor Markets 1870-1914

Rosenbloom, Joshua L. - 1994

The substantial shifts in the sectoral and geographic location of economic activity that took place in the late nineteenth-century United States required the reallocation of large quantities of labor. This paper examines the response of labor market institutions to the challenges of unbalanced...

Persistent link: https://www.econbiz.de/10012474331

The Microeconomics of Depression Unemployment

Margo, Robert A. - 1990

Microeconomic evidence reveals that the incidence and duration of unemployment in the 1930s varied significantly within the labor force. Long-term unemployment, which was especially high by historical standards, may have been exacerbated by federal relief policies

Persistent link: https://www.econbiz.de/10012475465

Mortality risk and consumption by couples

Hurd, Michael D. - National Bureau of Economic Research - 1999

Persistent link: https://www.econbiz.de/10014385707