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Risk and Business Cycles : New and Old Austrian Perspectives - Tyler Cowen

Risk and Business Cycles

New and Old Austrian Perspectives

Hardcover Published: 1st January 1998
ISBN: 9780415169196
Number Of Pages: 184

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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. This controversial approach will ensure that the book is of interest to all those involved with business cycles, as well as Austrian economics.

Acknowledgementsp. viii
Introductionp. 1
A Risk-Based Theory in Real Termsp. 13
A Risk-Based Theory in Monetary Termsp. 44
Business Cycles Without Rational Expectationsp. 76
Empirical Evidencep. 115
Bibliographyp. 150
Indexp. 167
Table of Contents provided by Publisher. All Rights Reserved.

ISBN: 9780415169196
ISBN-10: 0415169194
Series: Foundations of the Market Economy
Audience: Tertiary; University or College
Format: Hardcover
Language: English
Number Of Pages: 184
Published: 1st January 1998
Country of Publication: GB
Dimensions (cm): 23.39 x 15.6  x 1.27
Weight (kg): 0.44
Edition Number: 1