Business Cycles

Displaying 401 - 410 of 888
Mary Tone Rodgers Berry K. Wilson

his paper investigates the potential systemic risks posed to the U.S. securities markets by the banking crisis during the Panic of 1907. Past studies of 1907 have focused almost exclusively on the banking crisis.

Thorsten Polleit

This volume brings together highly important and relevant essays from distinguished authors, all of which are firmly anchored in the tradition of the Austrian School of Economics.

Frank Schohl

The spread-model provides no point of attachment for spiral reasoning because there is no representativity assumption that forces the model agents to behave in a similar way. 

Randall G. Holcombe

Garrison's Time and Money picks up where Hayek left off, developing a macroeconomic model based on Austrian capital theory that provides significant insights into macroeconomic phenomena. 

Joseph Calandro Jr.

Markets are not efficient as that term is currently used in academic finance. Rather, markets are reflexive in that market behavior and the fundamentals reflect each other via a two-way, interactive feedback loop.

Paul F. Cwik

The Austrian business cycle theory (ABCT) has been criticized for not being a true theory of the business cycle. The main emphasis of the ABCT has been on the theory of the upper-turning point

Philipp Bagus David Howden

Recognizing different types of savings allows for a more fruitful analysis of the business cycle. Sustainable investment activities must be financed by an equivalent amount of savings, both in length of availability and quantity. 

David Sanz Bas

Hayek is seen as one of the main opponents of Keynes because of the debate about macroeconomics that they had in the early thirties. 

John P. Cochran

Free banking is a process where the market makes the ultimate judgment on where to draw the line between money as a present good and money as a future good.

Larry J. Sechrest

Time and Money is a multifaceted achievement. Within its pages the reader will encounter business cycle theory, capital theory, comparative economic thought