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We study the role of war bonds and inflation in the presidential elections of the 1950s. During World War II, the … promotion of savings bonds made Americans more sensitive to the high inflation that prevailed after the war, contributing to …
Persistent link: https://www.econbiz.de/10014447290
This study examines the dynamics and determinants of inflation in the Ottoman Empire during the 1586-1913 period. There … might be two main reasons for inflation: fiscal expansion and monetary expansion where the monetary expansion could be … explain the change in the inflation dynamics. In particular, we considered the war years, periods of Ottoman history which …
Persistent link: https://www.econbiz.de/10011528463
The effects of supply-side policies in depressed economies are controversial. We shed light on this debate using evidence from France in the 1930s. In 1936, France departed from the gold standard and implemented mandatory wage increases and hours restrictions. Deflation ended but output...
Persistent link: https://www.econbiz.de/10012961522
On their intensive margins, firms in the British engineering industry adjusted to the severe falls in demand during the 1930s Depression by cutting hours of work. This provided an important means of reducing labour input and marginal labour costs, through movements from overtime to short-time...
Persistent link: https://www.econbiz.de/10011325987
Persistent link: https://www.econbiz.de/10010381922
Persistent link: https://www.econbiz.de/10001622935
On their intensive margins, firms in the British engineering industry adjusted to the severe falls in demand during the 1930s Depression by cutting hours of work. This provided an important means of reducing labour input and marginal labour costs, through movements from overtime to short-time...
Persistent link: https://www.econbiz.de/10001471784
On their intensive margins, firms in the British engineering industry adjusted to the severe falls in demand during the 1930s Depression by cutting hours of work. This provided an important means of reducing labour input and marginal labour costs, through movements from overtime to short-time...
Persistent link: https://www.econbiz.de/10013321306
We document the twin crisis that affected Spain in the mid-1860s. First, we trace back its origins to the international crisis of 1864-66. Next, we describe the particular banking sector of Spain, characterized by the coexistence of the Bank of Spain with multiple local banks of issue. We...
Persistent link: https://www.econbiz.de/10013080476
Persistent link: https://www.econbiz.de/10002233813