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Lecture 6 EH

Economic History

QuestionAnswer
Great crash
uncertainty after the great crash
The spending hypothesis
The monetary hypothesis
The first banking crises
The second banking crises
The reaction of the fed
Third banking crises
Bank holiday
Bagehot's rule
Why didnt the fed act as lender of last resort
Criticisms of the monetary hypothesis
Credit crunch hypothesis
Financial accelerator
CC hypothesis through IS-LM lens
How were monetary shocks transmitted to the real economy
3 contractionary effects of protracted deflation
Created by: janasultan
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