作者：University System of Georgia; University of Georgia
作者：Hebrew University of Jerusalem
作者：Texas A&M University System; Texas A&M University College Station
作者：University of New Brunswick
作者：University of Calgary
摘要：Governments often respond to crisis situations with radical economic policies. The Shipping Act of 1916 created a government-owned shipping company. This significant departure from prior policy arose in the atmosphere of crisis surrounding the war in Europe. The Wilson Administration was able to use political institutions to its advantage and ensure that alternative, more moderate proposals would not be considered by the legislature. Initially thwarted by a filibuster, the administration was f...
作者：University of Kansas; National Bureau of Economic Research; Santa Clara University
摘要：The impact of the Great Depression was milder in the South Atlantic states, more severe in the Mountain states, and surprisingly uniform across other regions of the country -despite large differences in industrial structure. Employing data on 20 manufacturing industries disaggregated by state, we analyze the relative contributions of industry mix and location to regional variations in economic performance. Industrial composition had a significant impact on employment growth, with regions that ...
