tag:blogger.com,1999:blog-11027528911364475.post7570440608138547820..comments2024-02-18T21:10:05.205-08:00Comments on EconomPic: Real GDP per Capita ReduxJakehttp://www.blogger.com/profile/07946497592651234440noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-11027528911364475.post-37283901078617424102009-08-05T02:53:10.219-07:002009-08-05T02:53:10.219-07:00Jake and Tom - there was a major decline right aft...Jake and Tom - there was a major decline right after the war as demoblization and a huge drop in wartime production resulted in a major recession. My neighbor commented that things didn't really normalize/stabilize (not how he put it) until '55 (which you can sorta see in the data). More interesting notice that in fact we were recovering from the GD in '35 and '36 until orthodoxy along with tight Fed policy pulled the plug.Unknownhttps://www.blogger.com/profile/07898348310819841317noreply@blogger.comtag:blogger.com,1999:blog-11027528911364475.post-61673908772595689632009-08-05T02:46:01.310-07:002009-08-05T02:46:01.310-07:002.31% since 19292.31% since 1929Jakehttps://www.blogger.com/profile/07946497592651234440noreply@blogger.comtag:blogger.com,1999:blog-11027528911364475.post-79292690982858283962009-08-05T00:30:07.095-07:002009-08-05T00:30:07.095-07:00Hi Jake. What is the slope of the curve GDP per Ca...Hi Jake. What is the slope of the curve GDP per Capita in log scale?MichaelBLNnoreply@blogger.comtag:blogger.com,1999:blog-11027528911364475.post-84181736314807327622009-08-04T19:35:20.360-07:002009-08-04T19:35:20.360-07:00tom- that large drop was 1946. considering WWII en...tom- that large drop was 1946. considering WWII ended in 1945 i think you can guess where i'm going with this. after all it was the war that apparently got us out of the great depression, thus no war = less "stimulus". thoughts?Jakehttps://www.blogger.com/profile/07946497592651234440noreply@blogger.comtag:blogger.com,1999:blog-11027528911364475.post-18591977125861441452009-08-04T17:32:12.318-07:002009-08-04T17:32:12.318-07:00Excellent!Excellent!damanimichaelhttps://www.blogger.com/profile/03248201162268956935noreply@blogger.comtag:blogger.com,1999:blog-11027528911364475.post-2408418714620936132009-08-04T15:52:41.438-07:002009-08-04T15:52:41.438-07:00Very cool. What's your take on the huge drop i...Very cool. What's your take on the huge drop in Y-O-Y in the late '40s.Tom Lindmarkhttp://www.butthenwhat.comnoreply@blogger.comtag:blogger.com,1999:blog-11027528911364475.post-42867529210255748572009-08-04T13:31:08.126-07:002009-08-04T13:31:08.126-07:00Yeah, thanks for putting this together. Good stuf...Yeah, thanks for putting this together. Good stuff.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11027528911364475.post-32493165349993988462009-08-04T09:36:57.555-07:002009-08-04T09:36:57.555-07:00Wow, that's fascinating Jake.
Thanks again!...Wow, that's fascinating Jake. <br /><br />Thanks again!Matt Stileshttps://www.blogger.com/profile/17977694389453612864noreply@blogger.com