The Household Balance Sheet and the Great Depression
Dados Bibliográficos
| ID | 4969239 |
|---|---|
| Autores | Frederic S Mishkin (0000-0003-4150-1971, autor correspondente) |
| Ano | 1978 |
| Volume | 38 |
| Fascículo | 4 |
| Páginas | 918-937 |
| Data de publicação | 1978-12-01 |
| Peer Reviewed | Sim |
| Open Access | Sim |
| Tipo | ARTICLE |
| Periódico | The Journal of Economic History (JOURNAL) |
| Identificadores do periódico | ISSN: 0022-0507 • E-ISSN: 1471-6372 |
| Editora | Cambridge University Press (CUP) (PUBLISHER) |
| DOI | 10.1017/s0022050700087167 |
| OpenAlex | W2136437723 |
| Idioma | EN |
| Citações recebidas | 26 |
| Referências citadas | 18 |
This paper focuses on changes in household balance sheets during the Great Depression as transmission mechanisms which were important in the decline of aggregate demand. Theories of consumer expenditure postulate a link between balance-sheet movements and aggregate demand, and applications of these theories indicate that balance-sheet effects can help explain the severity of this economic contraction. In analyzing the business cycle movements of this period, this paper's approach is Keynesian in character in that it emphasizes demand shifts in particular sectors of the economy; yet it has much in common with the monetarist approach in that it views events in financial markets as critical to our understanding of the Great Depression
Aggregate demand · Aggregate expenditure · Balance (ability) · Balance sheet · Business cycle · Depression (economics) · Economics · Great Depression · Keynesian economics · Macroeconomics · Monetary economics · Monetary policy · Supply and demand · Economic theories and models · Economic Theory and Policy · Finance · Monetary Policy and Economic Impact · Psychology
Financial Factors in the Great Depression
Les fils respectueux de l’économétrie
Agricultural Crises and the International Transmission of the Great Depression
With a Bang, not a Whimper
A Reassessment of Investment Failure in the Interwar American Economy
Shattered Rails, Ruined Credit
Credit Booms Gone Bust
Household Balance Sheets, Consumption, and the Economic Slump
Politique monétaire et finance chez les Nouveaux Keynésiens
The Procyclical Behavior of Total Factor Productivity in the United States, 1890-2004
Debt and the Response to Household Income Shocks
Uncontrolled Land Development and the Duration of the Depression in the United States
Working-Class Household Consumption Smoothing in Interwar Britain
Repairing a Mortgage Crisis
Symposium on the Monetary Transmission Mechanism
Demand for consumer durable goods in 20th century America
Debt and taxes
Income Uncertainty and Consumer Spending during the Great Depression
Collateral Damage
What Was Bad for General Motors Was Bad for America
The Nation in Depression
The Rise and Fall of Economic History at MIT
International Monetary Relations
Inside the Black Box
The 1929 crash of the New York stock exchange as a liquidity crisis
The origins and nature of the Great Slump revisited
The Debt-Deflation Theory of Great Depressions
A General Equilibrium Approach To Monetary Theory
A Study of Saving in the United States
Household Demand for Assets
Household Liabilities and the Generalized Stock-Adjustment Model
Alternative interpretations of market saturation
Housing surplus in the 1920's
Studies in the National Balance Sheet of the United States
Monetary and Fiscal Policy in a Growing Economy
A Monetary History of the United States, 1867-1960
| Obras citantes distintas | 26 |
|---|---|
| Citações por ano | 0,62 |
| Intervalo de citações | 1984 - 2024 (41) |
| Velocidade de citação | recent |
| Altamente citado | Não |
| Tipos de citação | Neutras: 20 |