Irving Fisher's rejection of the «so-called business cycle»

This paper contrasts Irving Fisher’s monetary analysis of Xuctuations in output and employment with the competing cyclical approach to analysing such Xuctuations, with particular attention to a series of articles in the 1920s in which Fisher challenged the widely prevailing notion that truly periodic economic cycles existed. The response to Fisher by Wesley Mitchell, the leading business cycle researcher of the time, is also examined.

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Year of publication:	2003
Authors:	Dimand, Robert W.
Published in:	History of Economic Ideas. - Fabrizio Serra Editore, Pisa - Roma. - Vol. 11.2003, 1, p. 129-150
Publisher:	Fabrizio Serra Editore, Pisa - Roma

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010930468