Alcidi, Cinzia; Gros, Daniel - In: Journal of Economic Studies 38 (2011) 6, pp. 673-690
Purpose – This paper sets out to explore three areas in which the experience of the great depression might be relevant today: monetary policy, fiscal policy, and the systemic stability of banks. Design/methodology/approach – A critical review of the US data for the 1920s and 1930s is...