Examination
- ID-nummer
- 2022.010.001
- Titel
- Examination
- Objektkategori
- Dokument & anteckningar
- Publik beskrivning
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This booklet is a final examination that Douglas Diamond took as a 22-year-old student, and which came to influence his research interests. The course was based on the book A Monetary History of the United States, 1867-1960 by Milton Friedman and Anna Schwartz.The exam assignment was to write about what would have happened if interest rates in the United States had remained constant in the years 1929–1933, the early phase of the Great Depression. Diamond’s answer focused on the impact of bank bankruptcies on the economy in general. At the time, Diamond was unaware that he would later devote his research to the importance of banks in the economy.
Douglas Diamond donated the examination to the Nobel Prize Museum in 2022. - Pristagare
- Douglas Diamond
Part of Examination