Irving Fisher, Debt Deflation and Crises

It is the 100th anniversary of Irving Fisher’s 1911 book The Purchasing Power of Money. But, more important than that, it is a good time, during the current financial turmoil, to reconsider some of his theories again, in light of current events. And I think that some of his theories about variations in the purchasing power of money are very important today, have been underappreciated, and are worthy of considering anew.

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Year of publication:	2011-08
Authors:	Shiller, Robert J.
Institutions:	Cowles Foundation for Research in Economics, Yale University
Subject:	Purchasing power of money \| Indexation \| Indexed bonds \| Depression \| Recession \| Mortgages \| Financial crisis

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Extent:	application/pdf
Series:	Cowles Foundation Discussion Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	The price is None Number 1817 8 pages
Classification:	B22 - Macroeconomics
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009246539