News

Emily Standley Allard on MSN1d
Surviving the Great Depression: How Families Fed Themselves
The Great Depression (1929-1939) was one of the hardest economic periods in American history. With unemployment reaching 25%, ...
National Bureau of Economic Research4d
Deflation and the International Great Depression: A Productivity Puzzle
This paper develops the first dynamic, stochastic, general equilibrium analysis of the International Great Depression. We construct a new version of Lucas?s (1972) monetary misperceptions model, with ...