Wall Street Responds Favorably to the Proposed Tariff Bill

Bernard C. Beaudreau

Chapter 6 in The Great Depression:Its Origins in Acceleration and Electric Unit Drive, 2023, pp 135-162 from World Scientific Publishing Co. Pte. Ltd.

Abstract: The following sections are included:IntroductionWhat Fisher (1930) and McGrattan and Prescott (2004) OverlookedThe Tariff Bill Hits a Wall: 13 Republican Senators Break with the Party and Vow to Lower TariffsThe Tariff Bill and the Stock Market Boom and Crash: Empirical EvidenceThe Tariff Bill and the Stock Market Crash: Evidence from Newspaper HeadlinesThe AftermathSummary and ConclusionsAppendix: The Insurgent Republican–Democrat Coalition Responds to Accusations That It Caused the Stock Market Crash

Keywords: Great Depression; Electric Unit Drive; Acceleration; Failed Transition; Stock Market Boom and Crash; Smoot-Hawley Tariff Act; National Industrial Recovery Act (search for similar items in EconPapers)
JEL-codes: B22 E02 N N12 N22 (search for similar items in EconPapers)
Date: 2023
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