Risk and Business Cycles examines the causes of
business cycles, a perennial topic of interest within economics. The author argues the case for the revival of an important role for monetary causes in business cycle theory, which challenges the current trend towards favouring purely real
theories. The work also presents a critique of the traditional Austrian theory of the trade cycle.
By:
Tyler Cowen
Imprint: Routledge
Country of Publication: United Kingdom
Dimensions:
Height: 234mm,
Width: 156mm,
Spine: 13mm
Weight: 430g
ISBN: 9780415169196
ISBN 10: 0415169194
Series: Routledge Foundations of the Market Economy
Pages: 184
Publication Date: 01 January 1998
Audience:
College/higher education
,
Primary
,
Further / Higher Education
Format: Hardback
Publisher's Status: Active
List of figures and tables, Acknowledgements, 1 INTRODUCTION, 2 A RISK-BASED THEORY IN REAL TERMS, 3 A RISK-BASED THEORY IN MONETARY TERMS, 4 BUSINESS CYCLES WITHOUT RATIONAL EXPECTATIONS: THE TRADITIONAL APPROACH OF THE AUSTRIAN SCHOOL, 5 EMPIRICAL EVIDENCE, Bibliography, Index
