Title of article
Businesscycleco-movement:EvidencefromtheGreatDepression
Author/Authors
Gabriel P. Mathy، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2011
Pages
11
From page
362
To page
372
Abstract
Recentanalysisfocusesonthegoldstandardasachannelforthetransmissionofthe
Great Depression.Tradelinkages,whichloomlargeintherecentliterature,playa
smallerrole.Boththegoldstandardandtradewereassociatedwithhigherco-move-
ment atthebilaterallevelduringtheentireinterwarperiod.Wedocumentthatfixed
exchangeratesandtrademadeacomebackafter1932,butco-movementdeclined.The
fall after1932appearstobedrivenbytheriseofsmallerblocsbasedonmonetaryand
trade cooperationandanaccompanyingfallinco-movementbetweenblocs
Journal title
Journal of Monetary Economics
Serial Year
2011
Journal title
Journal of Monetary Economics
Record number
846476
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