U.S. monetary and fiscal policy in the 1930s
By: Price V. Fishback
Contributors: National Bureau of Economic Research
Series: NBER working paper series -- working paper 16477; Working paper series (National Bureau of Economic Research : Online) -- working paper no. 16477.
Publisher: National Bureau of Economic Research
Published: 2010
Place of publication: Cambridge, MA
Language: eng
Format: [electronic resource] /
Description: "The paper provides a survey of fiscal and monetary policies during the 1930s under the Hoover and Roosevelt Administrations and how they influenced the policies during the recent Great Recession.  The discussion of the causal impacts of monetary policy focuses on papers written in the last decade and the findings of scholars using dynamic structural general equilibrium modeling.  The discussion of fiscal policy shows why economists do not see the New Deal as a Keynesian stimulus, describes the significant shift toward excise taxation during the 1930s, and surveys estimates of the impact of federal spending on local economies.  The paper concludes with discussion of the lessons for the present from 1930s monetary and fiscal policy"--National Bureau of Economic Research web site.
Notes: Title from PDF file as viewed on 1/6/2011.

Includes bibliographical references.

Also available in print.

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Mode of access: World Wide Web.