The End of the Great Depression 1939-41: Policy Contributions and Fiscal Multipliers

Конец Великой депрессии, 1939–1941 гг.: вклад экономической политики и бюджетные мультипликаторы
Robert J. Gordon, Robert Krenn
2010-09-01

Great Depressionband-pass filteringfiscal multiplierspolicy contributionsquarterly data
We are particularly grateful to Giorgio Primiceri for providing us with band-pass filtered output cycles and trends estimated from our new set of quarterly data 1913-54. We are also grateful to Tom Doan of Estima and Bob Arnold of
1
The provided abstract contains no substantive findings about the end of the Great Depression, policy contributions, or fiscal multipliers.
2
The study relies on newly constructed quarterly output data covering 1913–1954, including band-pass-filtered cycles and estimated trends.
3
The text primarily acknowledges Giorgio Primiceri, Tom Doan, and Bob Arnold for providing data and technical assistance.

U.S. macroeconomic output during 1913–1954, with emphasis on the 1939–1941 recovery from the Great Depression

The contributions of economic policy and the magnitude of fiscal multipliers in ending the Great Depression

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2010-09-01
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Robert J. Gordon
Robert Krenn
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