A note on technology shocks and the Great Depression

Research output: Contribution to journalComment/Letter to the editorAcademicpeer-review

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Abstract

The role of technology shocks as a driver of the Great Depression is the topic of our own earlier work and the paper by Watanabe in this issue. While the two studies differ in their data and assumptions, they complement each other and strengthen the conclusion of both papers: technology shocks were not the driving force of the Great Depression.
Original languageEnglish
Pages (from-to)934-936
Number of pages3
JournalJournal of Economic History
Volume76
Issue number3
Publication statusPublished - 9-Sept-2016

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