Regular ArticleThe French Depression in the 1930s☆
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2015, Economic ModellingThe French Great Depression: A business cycle accounting analysis
2013, Explorations in Economic HistoryCitation Excerpt :Although we used a different measure of financial frictions, our analysis of the French Great Depression led us to the same conclusion. Beaudry and Portier (2002) showed that the French Great Depression cannot be explained by TFP. The results presented here shed new light on the depression in France during the 1930s.
Not-quite-great depressions of Turkey: A quantitative analysis of economic growth over 1968-2004
2011, Economic ModellingCitation Excerpt :On the other hand, Cole and Ohanian (1999) use the average growth rate of USA between 1919 and 1997, excluding the depression years and come up with 1.9%. Similarly, Beaudry and Portier (2002) use 2.98% France, which is the average growth rate of GDP per capita in France throughout the 20th century, excluding the depression years between 1930 and 1939. The choice of the relevant trend rate for Turkey will not only determine the depth of the recessions but also whether we can name several periods in Turkey as a “great depression” or not.
The Great Depression in Belgium from a neoclassical perspective
2011, Review of Economic DynamicsThe Gold Standard and the international dimension of the Great Depression
2023, Macroeconomic Dynamics
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The authors thank Timothy Kehoe and Ed Precott for having initiated this project, and Kevin Murphy, Pedro Amaral, Jim MacGee, and an anonymous referee for helpful comments.