Essays on the great depression - Bernanke, Ben (Princeton University Press, 2000)
Includes bibliographical references and index
Macroeconomics of the Great Depression : a comparative approach -- - Nonmonetary effects of the financial crisis in the propagation of the Great Depression -- - Gold standard, deflation, and financial crisis in the Great Depression : an international comparison - with Harold James -- - Deflation and monetary contraction in the Great Depression : an analysis by simple ratios - with Ilian Mihov -- - Cyclical behavior of industrial labor markets : a comparison of the prewar and postwar eras - with James L. Powell -- - Employment, hours, and earnings in the depression : an analysis of eight manufacturing industries -- - Unemployment, inflation, and wages in the American depression : are there lessons for Europe? - with Martin Parkinson -- - Procyclical labor productivity and competing theories of the business cycle : some evidence from interwar U.S. manufacturing industries - with Martin Parkinson -- - Nomimal wage stickiness and aggregate supply in the Great Depression - with Kevin Carey
Few periods in history compare to the Great Depression. Stock market crashes, bread lines, bank runs, and wild currency speculation were worldwide phenomena--all occurring with war looming in the background. This period has provided economists with a marvelous laboratory for studying the links between economic policies and institutions and economic performance. Here, Ben Bernanke has gathered together his essays on why the Great Depression was so devastating. This broad view shows us that while the Great Depression was an unparalleled disaster, some economies pulled up faster than others, and s