A Preliminary Analysis of the Spread of the Depression

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http://eprints.org/relation/isVersionOf https://pure.iiasa.ac.at/id/document/352 http://eprints.org/relation/isVolatileVersionOf https://pure.iiasa.ac.at/id/document/352 http://eprints.org/relation/isCoversheetVersionOf https://pure.iiasa.ac.at/id/document/352 archive 351 disk0/00/00/03/52 2016-01-15 01:42:09 2021-08-27 17:07:54 2016-01-15 01:42:09 monograph show 2 Tobler W. AL1297 A Preliminary Analysis of the Spread of the Depression pub iis_ecn iis_inn prog_hss The closure of banks at the time of the depression can be regarded as an economic innovation which diffused throughout our society, culminating in the national bank holiday. The propagation of such events would seem likely to reveal the structure of the system. One may postulate that the general organization of the society has not changed in the last forty years, although the banking industry has been modified in its details. One would expect that technological innovations in today's society spread in a manner analogous to bank closures in that earlier period, probably at a somewhat accelerated rate. 1975 published WP-75-076 WP-75-076 10 2451 public working_paper IIASA, Laxenburg, Austria 17 FALSE info:eu-repo/semantics/book