Why did productivity fall so much during the Great Depression?

Why did productivity fall so much during the Great Depression? [microform] / Lee E. Ohanian.

Between 1929 and 1933, real output per adult fell over 30 percent and total factor productivity fell 18 percent. This productivity decrease is much larger than expected from just extrapolating the productivity decrease that typically occurs during recessions. This paper evaluates what factors may ha...

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Main Author: Ohanian, Lee E.
Corporate Author: Federal Reserve Bank of Minneapolis
Format: Microfilm Book
Language:English
Published: [Minneapolis, Minn.] : Federal Reserve Bank of Minneapolis, Research Dept., [2001]
Series:Staff report (Federal Reserve Bank of Minneapolis. Research Department) ; 285.
ASI microfiche library. Non-depository collection ; ASI 2001 9383-20.156.
Subjects:
Depressions > 1929 > United States > Tables.
Depressions > 1929 > United States > Econometric models.
Industrial productivity > United States > Econometric models.

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Call Number: ASI 2001 9383-20.156
ASI 2001 9383-20.156 Available

Norlin Library - Government Information - Microform

Holdings details from Norlin Library - Government Information - Microform
Call Number: ASI 2001 9383-20.156
ASI 2001 9383-20.156 Restricted Place a Hold

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