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Austrian Theory of Capital and Business Cycle: A Modern Approach

De (autor): Pavel Potuzak

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Austrian Theory of Capital and Business Cycle: A Modern Approach - Pavel Potuzak

Austrian Theory of Capital and Business Cycle: A Modern Approach

De (autor): Pavel Potuzak

review Goodreads
1. Introduction.- 2. The Austrian Theory of Capital.- 3. The Böhm-Bawerkian Theory of Capital and Interest.- 4. The Hayek Triangle.- 5. Impact of the Decrease in Time Preference on the Structure of Production.- 6. Possibility of Eternal Growth and Comparison with the Neoclassical Growth Model.- 7. The Austrian Business Cycle Theory.- 8. Exogenous Shock to the Money Supply and the Business Cycle.- 9. The Ricardo Effect.- 10. Dynamics of the Money Supply.- 11. Technological Shock and the Endogenous Response of the Money Supply.- 12. The Natural Rate of Interest and the Natural Output.- 13.Conclusions.

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1. Introduction.- 2. The Austrian Theory of Capital.- 3. The Böhm-Bawerkian Theory of Capital and Interest.- 4. The Hayek Triangle.- 5. Impact of the Decrease in Time Preference on the Structure of Production.- 6. Possibility of Eternal Growth and Comparison with the Neoclassical Growth Model.- 7. The Austrian Business Cycle Theory.- 8. Exogenous Shock to the Money Supply and the Business Cycle.- 9. The Ricardo Effect.- 10. Dynamics of the Money Supply.- 11. Technological Shock and the Endogenous Response of the Money Supply.- 12. The Natural Rate of Interest and the Natural Output.- 13.Conclusions.

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