Bordo, Michael D. (contributor); Dueker, Michael (contributor) - 2001 - [Elektronische Ressource].
*Department of Economics
New Jersey Hall
New Brunswick, NJ 08903
**Research Department
Federal Reserve Bank of St. Louis
P.O. Box … by disrupting financial markets, inflation can exacerbate business cycles or reduce
economic growth. Fisher (1932, 1933 …) was an early proponent of the view that price level
movement is an important cause of business cycles through its effect …