Article2000

Money, Sticky Wages, and the Great Depression

Michael David Bordo · Christopher J. Erceg · Charles L. Evans

188 citations0/0 files storedAmerican Economic Review

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Monetary Policy and Economic Impact Economic Theory and Policy Economic theories and models

Abstract

Money, Sticky Wages, and the Great Depression by Michael D. Bordo, Christopher J. Erceg and Charles L. Evans. Published in volume 90, issue 5, pages 1447-1463 of American Economic Review, December 2000

Citations in this library

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References

1936The General Theory of Employment, Interest and Money.1983Staggered prices in a utility-maximizing framework 1936The General Theory of Employment, Interest and Money, by John Maynard Keynes 1996Staggered Prices in a Utility-Maximizing Framework 1933The Debt-Deflation Theory of Great Depressions 2017A Monetary History of the United States, 1867-1960 1980Aggregate Dynamics and Staggered Contracts 1980The Solution of Linear Difference Models under Rational Expectations

Cited by

2002Great Depressions of the 20th Century 2008The Monetary Policy of the Federal Reserve 2012Was the New Deal Contractionary?2002Accounting for the Great Depression 2018Endogenous Disasters 2004Why Does the Cyclical Behavior of Real Wages Change Over Time?2009What – or who – started the great depression?2016Fiscal Policy in an Unemployment Crisis

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