Great Depression in the United Kingdom/Tutorials: Difference between revisions
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↑ Cumulative log change relative to 1928.6
imported>Nick Gardner No edit summary |
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|align="center"|End-year bank rate | |||
|align="center"|5.0 | |||
|align="center"|3.0 | |||
|align="center"|6.0 | |||
|align="center"|2.0 | |||
|align="center"|2.0 | |||
|align="center"|2.0 | |||
|align="center"|2.0 | |||
|align="center"|2.0 | |||
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|align="center"|M1 cumulative growth <ref> Cumulative log change relative to 1928.6</ref> | |||
|align="center"|-1.80 | |||
|align="center"|1.18 | |||
|align="center"|-3.35 | |||
|align="center"|7.88 | |||
|align="center"|7.13 | |||
|align="center"|9.33 | |||
|align="center"|14.66 | |||
|align="center"|25.29 | |||
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::''Higher unemployment figures published at the time were of unemployment as a percentage of insured employees. The above are rounded estimates of unemployment as a percentage of the all employees. They may be an underestimate'' ''(see British Unemployment 1919-1939 by W. R. Garside Cambridge University Press, 2002).'' | ::''Higher unemployment figures published at the time were of unemployment as a percentage of insured employees. The above are rounded estimates of unemployment as a percentage of the all employees. They may be an underestimate'' ''(see British Unemployment 1919-1939 by W. R. Garside Cambridge University Press, 2002).'' | ||
: <references/> | |||
Sources: GDP C H Feinstein: ''National Income, Expenditure and Output of the United Kingdom'', Cambridge University Press 1972. | :Sources: GDP C H Feinstein: ''National Income, Expenditure and Output of the United Kingdom'', Cambridge University Press 1972. | ||
:::Ben Bernanke: ''Essays on the Great Depression'', page 145, Princeton University Press, 2004. | |||
Revision as of 04:19, 5 March 2009
1929 1930 1931 1932 1933 1934 1935 1936 1937 GDP 1929 = 100 100 99.9 94.8 95.1 96.1 102.6 109.8 114.5 117.9 Industrial production 1928=100 117 99 130 153 Unemployment, percent of all employees 8.0 12.3 16.4 17.0 15.4 12.9 12.0 10.2 8.5 consumer prices percent change -1 -4 -5 -3 -3 0 2 4 5 End-year bank rate 5.0 3.0 6.0 2.0 2.0 2.0 2.0 2.0 M1 cumulative growth [1] -1.80 1.18 -3.35 7.88 7.13 9.33 14.66 25.29
- Higher unemployment figures published at the time were of unemployment as a percentage of insured employees. The above are rounded estimates of unemployment as a percentage of the all employees. They may be an underestimate (see British Unemployment 1919-1939 by W. R. Garside Cambridge University Press, 2002).
- Sources: GDP C H Feinstein: National Income, Expenditure and Output of the United Kingdom, Cambridge University Press 1972.
- Ben Bernanke: Essays on the Great Depression, page 145, Princeton University Press, 2004.