Abstract
This article summarizes the theoretical framework and the diagnostic procedures that economists use to construct and test theories of depressions and booms, and also summarizes recent applications of these procedures to well-known depressions.
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Ohanian, L.E. (2018). Great Depression (Mechanisms). In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_2394
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DOI: https://doi.org/10.1057/978-1-349-95189-5_2394
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Online ISBN: 978-1-349-95189-5
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