1st Edition
Risk and Business Cycles New and Old Austrian Perspectives
By Tyler Cowen
Copyright 1997
184 Pages
by
Routledge
184 Pages
by
Routledge
184 Pages
by
Routledge
Also available as eBook on:
Risk and Business Cycles examines the causes of business cycles, a perennial topic of interest within economics. The author argues the case for the revival of an important role for monetary causes in business cycle theory, which challenges the current trend towards favouring purely real theories. The work also presents a critique of the traditional Austrian theory of the trade cycle. This... Read more
List of figures and tables, Acknowledgements, 1 INTRODUCTION, 2 A RISK-BASED THEORY IN REAL TERMS, 3 A RISK-BASED THEORY IN MONETARY TERMS, 4 BUSINESS CYCLES WITHOUT RATIONAL EXPECTATIONS: THE TRADITIONAL APPROACH OF THE AUSTRIAN SCHOOL, 5 EMPIRICAL EVIDENCE, Bibliography, Index
Biography
Tyler Cowen
