Political Shocks and Investment

Some Evidence from the 1930s

Dados Bibliográficos

ID10096752
AutoresTheresa Mayer (0000-0002-9228-819X, autor correspondente), Thomas Mayer (0009-0007-2421-3405), Monojit Chatterji
Ano1985
Volume45
Fascículo4
Páginas913-924
Data de publicação1985-12-01
Peer ReviewedSim
Open AccessSim
TipoARTICLE
PeriódicoThe Journal of Economic History (JOURNAL)
Identificadores do periódicoISSN: 0022-0507 • E-ISSN: 1471-6372
EditoraCambridge University Press (CUP) (PUBLISHER)
DOI10.1017/s0022050700035166
OpenAlexW2067815920
IdiomaEN
Citações recebidas4
Referências citadas12

There has been some dispute about the impact of New Deal policies on the business climate. Some historians have argued that the New Deal frightened business, and others that it encouraged business. This paper analyzes the impact of the New Deal on business investment by looking at the response of investment to the outcome of the 1934, 1936, and 1938 elections, as well as the passage of certain New Deal legislation. The data reject the hypothesis that the New Deal frightened off business investment

Business · Business history · Economics · Investment (military · Law and economics · Legislation · Management · Market economy · Political science · Politics · Economic Theory and Institutions · Economic Theory and Policy · Law · Monetary Policy and Economic Impact