Quarterly Journal of Austrian Economics
Author:
Erwin Rosen
Adrián Osvaldo Ravier
Online Publish Date:
ABSTRACT: Considerable research has been conducted on central bank monetary policies. Particular attention has been focused on policies that have the potential emphasis on its contribution to the 2008 crisis and then suggests an alternative policy which, had it been in place would have dampened the most recent boom and bust. entire economy. In fact, these issues occur only in particular sectors, reflecting competition within the structure of production, and do not affect the aggregate