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Reconciling Hayek's and Keynes' views of recessions
Beaudry, Paul; Galizia, Dana; Portier, Franck - C.E.P.R. Discussion Papers - 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/10011084219
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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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Is the macroeconomy locally unstable and why should we care?
Beaudry, Paul; Galizia, Dana; Portier, Franck - 2016
Persistent link: https://www.econbiz.de/10011493971
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Is the macroeconomy locally unstable and why should we care?
Beaudry, Paul; Galizia, Dana; Portier, Franck - 2016
Persistent link: https://www.econbiz.de/10011502300
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Reviving the limit cycle view of macroeconomic fluctuations
Beaudry, Paul; Galizia, Dana; Portier, Franck - 2015
Persistent link: https://www.econbiz.de/10011297609
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Reviving the limit cycle view of macroeconomic fluctuations
Beaudry, Paul; Galizia, Dana; Portier, Franck - 2015
Persistent link: https://www.econbiz.de/10011299590
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Is the macroeconomy locally unstable and why should we care?
Beaudry, Paul; Galizia, Dana; Portier, Franck - In: NBER macroeconomics annual 31 (2016), pp. 479-530
Persistent link: https://www.econbiz.de/10011977078
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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