Price Flexibility, Credit Availability, and Economic Fluctuations: Evidence from the United States, 1894-1909

1989 ◽  
Vol 104 (3) ◽  
pp. 429 ◽  
Author(s):  
Charles W. Calomiris ◽  
R. Glenn Hubbard
1976 ◽  
Vol 8 (2) ◽  
pp. 109-113
Author(s):  
Fred H. Tyner ◽  
Roberto G. Campos

The importance of agriculture in developing economies is reflected in the share of the Gross Domestic Product (GDP) originating in that sector and in the percent of population working in that sector. Brazil received 19 percent of its GDP from agriculture in 1968, and 60 percent of its population was in agriculture. In contrast, only three percent of GDP came from agriculture in the United States, and only six percent of the population was employed in agriculture.Development of a country's agriculture is dependent on a multitude of factors—not the least of which is availability and use of good seed. Use of high quality seeds increases total yield; allows for more efficient use of fertilizers, pesticides and irrigation because of greater uniformity, better stands and more vigorous plants; usually results in higher quality produce; requires lower planting rates; and usually reduces weed, disease and soil insect problems. Other inputs such as fertilizers, pesticides, technical assistance and credit availability are necessary to achieving a sound agriculture.


1951 ◽  
Vol 33 (3) ◽  
pp. 261 ◽  
Author(s):  
Guy H. Orcutt ◽  
Lawrence R. Klein

1943 ◽  
Vol 9 (4) ◽  
pp. 350
Author(s):  
Dudley J. Cowden ◽  
Edwin Frickey

Economica ◽  
1951 ◽  
Vol 18 (70) ◽  
pp. 213
Author(s):  
G. L. S. Shackle ◽  
Lawrence R. Klein

2011 ◽  
Vol 24 (4) ◽  
Author(s):  
Bakhtiar Moazzami ◽  
Bahram Dadgostar

Have postwar stabilization policies reduced economic fluctuations compared to earlier periods? Using output data for Canada, Sweden and the United States for the period 1929-2005 and three different de-trending procedures, we found that postwar economic policies have been successful in reducing business cycle volatility. We also found that fluctuations in real output have been significantly dampened during the post-Bretton Woods era compared to earlier periods.


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