The Fisher Relation in the Great Depression and the Great Recession

The Fisher relation played a very different role in debates surrounding the Great Depression and the more recent Great Recession. This paper explores some of these differences, and suggests an explanation for them derived from a sketch of the idea’s evolution between the two events, thus providing a brief case study of the interaction of economic ideas and economic events that is a central feature of the History of Economic Thought.

MoreLess

Year of publication:	2013
Authors:	Laidler, David
Institutions:	University of Western Ontario, Economic Policy Research Institute
Subject:	Interest rates \| nominal vs. real \| Inflation \| deflation \| expectations \| depression \| recession \| Keynesian Economics \| Monetarism \| Monetary Policy

freely available

Full text |

More access options

Check Google Scholar

In German libraries (KVK)

I need help

More details

Extent:	application/pdf
Series:	University of Western Ontario, Economic Policy Research Institute Working Papers.
Type of publication:	Book / Working Paper
Notes:	The price is Paper copy available by mail at a cost of $10.00 Canadian each Number 20132
Classification:	B22 - Macroeconomics ; b26 ; E31 - Price Level; Inflation; Deflation ; E32 - Business Fluctuations; Cycles ; E43 - Determination of Interest Rates; Term Structure Interest Rates
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010681092