Achieving Economic Stability: Lessons from the Crash of 1929

• cours - matière potentielle : thought

Achieving Economic Stability: Lessons from the Crash of 1929 Federal Reserve Bank - Minneapolis Discusses various explanations of the crash of 1929 and subsequent policy recommendations. Comparisons are made with the October 1987 stock market plunge, and it is suggested that, with appropriate public policy response, the economy can remain on a stable course although not without challenges. Description: 9,10,11,12Grade Levels: Supplementary MaterialsDocument Type: This document may be printed.

• upward pressure on interest rates
• such emphasis
• significant determinant of economic developments
• significant wealth effects
• keynesian view that an inexplicable contraction
• stock prices
• economic activity
• stock market
• money supply
• monetary policy