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Monetary Misperception, Rational Expectations and the Austrian Theory of the Business Cycle
Manish, G.P. - 2018
Salter and Luther (2016) argue that the Austrian theory of the business cycle (ABCT) can be interpreted as one where …
Persistent link: https://www.econbiz.de/10012935673
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The Optimal Austrian Business Cycle Theory
Salter, Alexander William - 2016
Since Hayek's pioneering work in the 1930's, the Austrian business cycle theory has been presented as a disequilibrium … theory populated by less-than-perfectly rational agents. In contrast, we maintain that (1) the Austrian business cycle theory … framework. Hence, we offer a new interpretation of the existing theory. In doing so, we also address concerns raised with …
Persistent link: https://www.econbiz.de/10013005677
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The Austrian theory of business cycles : old lessons for modern economic policy?
Oppers, Stefan Erik - 2002
Persistent link: https://www.econbiz.de/10001654373
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Die Weltwirtschaftskrise als Exempel der Überinvestitionstheorie : komplementäre Erklärungsansätze von v. Hayek/Garrison und Minsky
Sell, Friedrich L. - 2010
In diesem Beitrag werden die Grundzüge der Überinvestitionstheorien von Hyman Minsky auf der einen und die von v. Hayek/Garrison auf der anderen Seite zunächst in den „Sprachen“ der Originalbeiträge herausgearbeitet. Anschließend wird ihr möglicher Erklärungsbeitrag für die aktuelle...
Persistent link: https://www.econbiz.de/10003961724
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Optimism, pessimism and the unforeseen : modelling an endogenous business cycle driven by strong beliefs
Sell, Friedrich L. - 2002
Indicators of trust, confidence, optimism or sentiment among consumers and/or investors, are published continuously in the mass media. More importantly, these indices seem not only to reflect how the state of the real economy is perceived by private agents, but can also help predict the future...
Persistent link: https://www.econbiz.de/10010509339
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Endogenous business cycles and systematic stabilization policy
Aloi, Marta (contributor); Lloyd-Braga, Teresa (contributor) - 2002 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001709255
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Learning to forecast and cyclical behavior of output and inflation
Adam, Klaus - 2003
Persistent link: https://www.econbiz.de/10001736222
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F. A. Hayek as an ordo-liberal
Kolev, Stefan - 2010
Friedrich August von Hayek (1899-1992) is undoubtedly one of the most significant liberal thinkers of the past century. Born and raised in Vienna in the tradition of the Austrian School, he held academic positions i.a. in London, Chicago and Freiburg, thus uniting in his vita the four principal...
Persistent link: https://www.econbiz.de/10009162329
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From economic stability to social order
Blümle, Gerold; Goldschmidt, Nils - 2002
Persistent link: https://www.econbiz.de/10001736699