The Great Depression by Ben S. Bernanke
A collection of important essays on economic crises.
- Title: Essays on the Great Depression
- Author: Ben S. Bernanke
- Translators: Masako Nakamura, Fumi Ikoma
- Content: A collection of important essays on economic crises
- Publisher: Diamond, Inc.
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How does the FRB Chairman grasp the essence of economic crises and implement policies? This book delves into the keys to overcoming crises hidden within the mechanisms of the Great Depression. A masterpiece in the history of Great Depression research.
Table of Contents
Part 1: Overview (The Macroeconomics of the Great Depression: A Comparative Approach)
Part 2: Aggregate Demand: Money and Financial Markets (The Transmission Mechanism of the Great Depression: Non-Monetary Effects of Financial Crises; The Gold Standard, Deflation, and Financial Crises during the Great Depression: An International Comparison; Deflation and Monetary Contraction during the Great Depression: An Analysis Using Simple Ratios)
Part 3: Aggregate Supply: Labor Markets (Cyclical Movements in the Industrial Labor Market: A Pre-War and Post-War Comparison; Employment, Working Hours, and Labor Income during the Great Depression: An Analysis of Eight Manufacturing Industries; Unemployment, Inflation, and Wages during the Depression in the United States: Are There Lessons for Europe?; Competing Theories of Procyclical Labor Productivity and Business Cycles: Some Evidence from U.S. Manufacturing in the Interwar Period; Nominal Wage Rigidity and Aggregate Supply in the Great Depression)
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