IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-3-031-35583-7_6.html
   My bibliography  Save this book chapter

Cliometrics and the Great Depression

In: Handbook of Cliometrics

Author

Listed:
  • Price Fishback

    (University of Arizona)

Abstract

The Great Depression was the worst economic disaster in American history. There were plenty of factors that helped cause the Depression, but there is still ample disagreement in the large literature on the topic as to how much weight to give each cause. In the early 1930s, the Hoover administration and congress nearly doubled federal government outlays, offered a wide range of loans, and sought voluntary efforts to combat the Depression. The economy continued to slide, and increases in tax rates in 1932 contributed to the slide. The economy finally began to grow again in 1933 as Roosevelt and a Democratic Congress developed the New Deal, a large number of new regulatory and spending programs. The 1933 trough was so deep that unemployment rates remained high throughout the decade and real GDP per person did not reach its 1929 level again until around 1939 or 1940 despite rapid growth rates. A growing literature has been evaluating the impact of the New Deal programs, and the effects of several major programs are discussed here.

Suggested Citation

  • Price Fishback, 2024. "Cliometrics and the Great Depression," Springer Books, in: Claude Diebolt & Michael Haupert (ed.), Handbook of Cliometrics, edition 3, pages 2073-2097, Springer.
    • Handle: RePEc:spr:sprchp:978-3-031-35583-7_6
    DOI: 10.1007/978-3-031-35583-7_6
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Other versions of this item:

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sprchp:978-3-031-35583-7_6. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.