Parker (2005), "Was Debt Deflation Operative During the Great Depression?" Economic Inquiry 43 (January): 67-78.Fackler, James and Randall Parker (2005), "Was Debt Deflation Operative during the Great Depression?" Economic Inquiry 43, pp.67-78....
In that part, in addition to looking at the Big Debt Cycle and the overall Big Cycle with a focus on the US (because it has been the world’s major reserve currency country and the world’s leading power, thus making it the world’s leading shaper of what one might call the American...
一、大萧条时期的一些奇怪现象 1933年,债台高筑的费雪在《The Debt-deflation Theory of Great Depression》中说,过去5年出现了很多难以解释的经济现象: 1、债务人还的越多,反而杠杆率越高。 2、经济周期不再是校正自己,求取平衡,而是失去平衡,走向覆没。 3、产出和真实收入正在下降,人们还存在着产能过剩的幻觉。
费雪大萧条的债务-通缩理论(Fei Xue the debt deflation theory of the Great Depression) 费雪:大萧条的债务-通缩理论 2011-04-19 在《繁荣与萧条》一书中,根据统计资料,我从理论上提出了一个解释大萧条的“债务,通货紧缩”理论。在该书的前言中,我曾经提及,这些研究结果“似乎”很有新意。之所以说“似乎”,...
According to author Warren Brussee, massive consumer debt will trigger another serious depression within the next few years. With interest rates increasing, savings rates near zero, and debt at its maximum; many people will be pushed over their debt limit, having homes foreclosed by the banks or...
The ratio of debt held by the public relative to GDP fluctuated from less than 15% just before the Great Depression to more than 100% in the wake of World War II. It went back down to roughly a25% ratio of debtduring the 1970s. The ratio rose to nearly 48% by 1993 before falling...
This list is a great investment. Out of the Dust Karen Hesse Written in free verse, this Newbery Medal-winning novel details the struggles of an Oklahoman teenager during the dust-filled years of the Great Depression. MORE VOCABULARY LISTS ...
No matter what kind of debt you are battling, Lockert suggests not conflating your self-worth and net worth — especially during hard economic times that we are all experiencing today. "Right now, so many people are unemployed, so many people are in debt, you don't need to internalize th...
"Since the Great Depression, deficits have exceeded that level only during and shortly after World War II, the 2007–2009 financial crisis, and the coronavirus pandemic," the report stated. In other words, such high deficit levels are common mostly in economic downturns, not ...
Repudiation of the Gold Indexation Clause in Long-term Debt Contracts during the Great Depression," working paper CiteSeerX - Scientific documents that cite the following paper: Is It Better to Forgive than to Receive? Repudiation of the Gold Indexation Clause in Long-... RS Kroszner 被引量:...