Showing 1 - 3 of 3
Building on earlier work by Eichengreen and Sachs, we use data for 22 countries to study the role of wage stickiness in propagating the Great Depression. Recent research suggests that monetary shocks, transmitted internationally by the gold standard, were a major cause of the Depression....
Persistent link: https://www.econbiz.de/10005710713
Persistent link: https://www.econbiz.de/10007623054
Persistent link: https://www.econbiz.de/10007001216