Abstract
The Great Depression, and what caused it, was famously dubbed ‘the holy grail of macroeconomics’ by Ben S. Bernanke, the former Chairman of the Federal Reserve Board (Bernanke, 1995). This period is of great interest to economic historians and financial economists due to the scale of the crises which occurred at that time, the global dimensions, and the complexity of understanding how the Depression developed.
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© 2014 Ali Kabiri
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Kabiri, A. (2014). The Great Contraction of 1929–1932 and the Value of Stocks. In: The Great Crash of 1929. Palgrave Studies in the History of Finance. Palgrave Macmillan, London. https://doi.org/10.1057/9781137372895_7
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DOI: https://doi.org/10.1057/9781137372895_7
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-47637-4
Online ISBN: 978-1-137-37289-5
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