Essays on the Great Depression / / Ben S. Bernanke.
From the Nobel Prize–winning economist and former chair of the U.S. Federal Reserve, a landmark book that provides vital lessons for understanding financial crises and their sometimes-catastrophic economic effectsAs chair of the U.S. Federal Reserve during the Global Financial Crisis, Ben Bernanke h...
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Place / Publishing House: | Princeton, NJ : : Princeton University Press, , [2024] ©2000 |
Year of Publication: | 2024 |
Language: | English |
Online Access: | |
Physical Description: | 1 online resource (352 p.) :; 11 b/w illus. 48 tables. |
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Other title: | Frontmatter -- Contents -- Nobel Prize Lecture: Banking, Credit, and Economic Fluctuations -- Preface -- PART ONE: OVERVIEW -- 1. The Macroeconomics of the Great Depression: A Comparative Approach -- PART TWO: MONEY AND FINANCIAL MARKETS -- 2. Nonmonetary Effects of the Financial Crisis in the Propagation of the Great Depression -- 3. The Gold Standard, Deflation, and Financial Crisis in the Great Depression: An International Comparison -- 4. Deflation and Monetary Contraction in the Great Depression: An Analysis by Simple Ratios -- PART THREE: LABOR MARKETS -- 5. The Cyclical Behavior of Industrial Labor Markets: A Comparison of the Prewar and Postwar Eras -- 6. Employment, Hours, and Earnings in the Depression: An Analysis of Eight Manufacturing Industries -- 7. Unemployment, Inflation, and Wages in the American Depression: Are There Lessons for Europe? -- 8. Procyclical Labor Productivity and Competing Theories of the Business Cycle: Some Evidence from Interwar U.S. Manufacturing Industries -- 9. Nominal Wage Stickiness and Aggregate Supply in the Great Depression -- Index |
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Summary: | From the Nobel Prize–winning economist and former chair of the U.S. Federal Reserve, a landmark book that provides vital lessons for understanding financial crises and their sometimes-catastrophic economic effectsAs chair of the U.S. Federal Reserve during the Global Financial Crisis, Ben Bernanke helped avert a greater financial disaster than the Great Depression. And he did so by drawing directly on what he had learned from years of studying the causes of the economic catastrophe of the 1930s—work for which he was later awarded the Nobel Prize. Essays on the Great Depression brings together Bernanke’s influential work on the origins and economic lessons of the Depression, and this new edition also includes his Nobel Prize lecture. |
Format: | Mode of access: Internet via World Wide Web. |
ISBN: | 9780691259666 |
DOI: | 10.1515/9780691259666?locatt=mode:legacy |
Access: | restricted access |
Hierarchical level: | Monograph |
Statement of Responsibility: | Ben S. Bernanke. |