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Reconciling Hayek'S and Keynes Views of Recessions
Beaudry, Paul; Galizia, Dana; Portier, Franck - 2021
Recessions often happen after periods of rapid accumulation of houses, consumer durables and business capital. This observation has led some economists, most notably Friedrich Hayek, to conclude that recessions mainly reflect periods of needed liquidation resulting from past over-investment....
Persistent link: https://www.econbiz.de/10013224999
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Reconciling Hayek's and Keynes views of recessions
Beaudry, Paul; Galizia, Dana; Portier, Franck - 2014
Persistent link: https://www.econbiz.de/10010370420
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Reconciling Hayek's and Keynes views of recessions
Beaudry, Paul; Galizia, Dana; Portier, Franck - 2014
Persistent link: https://www.econbiz.de/10010360547
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Reconciling Hayek's and Keynes' views of recessions
Beaudry, Paul; Galizia, Dana; Portier, Franck - In: The review of economic studies 85 (2018) 1, pp. 119-156
Persistent link: https://www.econbiz.de/10011921234
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Understanding noninflationary demand-driven business cycles
Beaudry, Paul; Portier, Franck - In: NBER macroeconomics annual 28 (2013), pp. 69-157
Persistent link: https://www.econbiz.de/10010493141
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Reconciling Hayek's and Keynes Views of Recessions
Beaudry, Paul - 2014
Recessions often happen after periods of rapid accumulation of houses, consumer durables and business capital. This observation has led some economists, most notably Friedrich Hayek, to conclude that recessions mainly reflect periods of needed liquidation resulting from past over-investment....
Persistent link: https://www.econbiz.de/10012458563
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Reconciling Hayek's and Keynes' views of recessions
Beaudry, Paul; Galizia, Dana; Portier, Franck - 2016 - Final version
Persistent link: https://www.econbiz.de/10012221109