作者：University of Mannheim
摘要：Private property in the industry of the Third Reich is often considered a mere nominal provision without much substance. However, that is not correct, because firms, despite the rationing and licensing activities of the state, still had ample scope to devise their own production and investment profiles. Even regarding war-related projects, freedom of contract was generally respected; instead of using power, the state offered firms a number of contract options to choose from. There were several...
作者：Nevada System of Higher Education (NSHE); University of Nevada Reno; University of California System; University of California Davis
摘要：Despite the widespread acceptance of Friedman and Schwartz's interpretation of the 1936/37 increase in member bank reserve requirements as the major cause of the 1937/38 recession there is surprisingly little straightforward evidence on this issue, perhaps because data limitations and structural instability preclude econometric modeling. We exploit a simple alternative, comparing member banks with nonmember banks not subject to changes in reserve requirements. The results support the hypothesi...
作者：University of Colorado System; University of Colorado Boulder; Allegheny College
作者：University of California System; University of California Berkeley
作者：University of Virginia; Columbia University
