Essays on the Great Depression

By Ben S. Bernanke | Go to book overview
Contents
Prefacevii
PART ONE: OVERVIEW3
1.The Macroeconomics of the Great Depression:  A Comparative Approach5
PART TWO: MONEY AND FINANCIAL MARKETS39
2.Nonmonetary Effects of the Financial Crisis in the Propagation  of the Great Depression41
3.The Gold Standard, Deflation, and Financial Crisis in  the Great Depression: An International Comparison  With Harold James70
4.Deflation and Monetary Contraction in the Great Depression:  An Analysis by Simple Ratios  With Ilian Mihov108
PART THREE: LABOR MARKETS161
5.The Cyclical Behavior of Industrial Labor Markets:  A Comparison of the Prewar and Postwar Eras  With James L. Powell163
6.Employment, Hours, and Earnings in the Depression:  An Analysis of Eight Manufacturing Industries206
7.Unemployment, Inflation, and Wages in the American  Depression: Are There Lessons for Europe?  With Martin Parkinson247
8.Procyclical Labor Productivity and Competing Theories  of the Business Cycle: Some Evidence from Interwar  U.S. Manufacturing Industries  With Martin Parkinson255
9.Nominal Wage Stickiness and Aggregate Supply  in the Great Depression  With Kevin Carey276
Index303

-v-

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