This diploma thesis examines parallel and differences between the interwar Great depression and the financial crisis of 2007. Comparison is made for United States and the thesis succes-sively deals with comparison of economic conditions measured by fundamental economic indicators and their behaviour and correlations. Next topic is cointegration analysis of money-income hypothesis for both periods. We reach the conclusion that economic situation and sta-bility were different. Furthermore, the thesis reveals monetary policy actions and role of fiscal stimulus. The last topic is comparison of regulation and liberalization of financial markets. On the contrary to the first part of thesis the issues solved in the second part showed that there were similarities between the Great depression and financial crisis.
| Identifer | oai:union.ndltd.org:nusl.cz/oai:invenio.nusl.cz:75302 |
| Date | January 2010 |
| Creators | Ondruška, Jakub |
| Contributors | Kubíček, Jan, Chytil, Zdeněk |
| Publisher | Vysoká škola ekonomická v Praze |
| Source Sets | Czech ETDs |
| Language | Czech |
| Detected Language | English |
| Type | info:eu-repo/semantics/masterThesis |
| Rights | info:eu-repo/semantics/restrictedAccess |
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