Del 20 - Advances in Austrian Economics

Studies in Austrian Macroeconomics

Inbunden, Engelska, 2016

Av Steven Horwitz, USA) Horwitz, Steven (St. Lawrence University

1 569 kr

Beställningsvara. Skickas inom 7-10 vardagar

Fri frakt för medlemmar vid köp för minst 249 kr.

The US housing bubble and the ensuing financial crisis and recession, as well as the ongoing slow recovery, have prompted a renewal of interest in the business cycle theory associated with the Austrian school of economics. Over the last thirty years, Austrian economists have extended and refined that theory while also deploying Austrian insights in other areas of monetary theory and macroeconomics. In this volume, a number of macroeconomists influenced by the Austrian school demonstrate its explanatory power by applying those ideas to a variety of historical and contemporary issues. Several of the papers focus on the differences between the US and Canadian experiences during the early 21st century, while other contributors offer critical extensions of Austrian monetary and business cycle theory. The volume also includes empirical applications to the housing boom and bust, and several papers consider the place of Austrian macroeconomics within the school's approach to political economy and public policy more generally. "Studies in Austrian Macroeconomics" shows the breadth and depth of modern macroeconomics in the Austrian tradition.

Produktinformation

Utgivningsdatum2016-05-13
Mått152 x 229 x 15 mm
Vikt499 g
FormatInbunden
SpråkEngelska
SerieAdvances in Austrian Economics
Antal sidor210
FörlagEmerald Publishing Limited
ISBN9781786352743

Tillhör följande kategorier

Nationalekonomi inom Ekonomi och ledarskap
Makroekonomi inom Ekonomi och ledarskap
Ekonomisk politik inom Ekonomi och ledarskap

Introduction: Money, Cycles, and Crises in the United States and Canada - Steven HorwitzPART I: AUSTRIAN MONETARY AND BUSINESS CYCLE THEORYFinancial Foundations of Austrian Business Cycle Theory - Nicolas Cachanosky and Peter LewinThe Optimal Austrian Business Cycle Theory - Alexander W. Salter and William J. LutherHayek on the Neutrality of Money - Steven HorwitzOn the Empirical Relevance of the Mises–Hayek Theory of the Trade Cycle - William J. Luther and Mark CohenExpansionary Monetary Policy at the Federal Reserve in the 1920s - Patrick Newman PART II: THE US AND CANADIAN EXPERIENCE COMPAREDThe Political Regime Factor in Austrian Business Cycle Theory: Historically Accounting for the US and Canadian Experiences of the 2007-2009 Financial Crisis - George BraguesAn Empirical Comparison of Canadian-American Business Cycle Fluctuations with Special Reference to the Phillips Curve - Robert F. MulliganCanadian Versus US Mortgage Markets: a Comparative Study from an Austrian Perspective - Andrew T. Young PART III: THE POLITICAL ECONOMY OF REGULATION AND CRISISBanking Regulation and Knowledge Problems - Thomas L. Hogan and G. P. ManishThe Comparative Political Economy of a Crisis - Peter J. Boettke and Liya PalagashviliPolicy Design and Execution in a Complex World: Can We Learn from the Financial Crisis? - Peter Lewin

Editor Steven Horowitz presents readers with a collection of academic essays and scholarly articles investigating Austrian economic policy, the nation’s approach to macroeconomics, and the business cycle theory associated with the Austrian school of economics. The editor has organized the contributions that make up the main body of the text in three parts devoted to Austrian monetary and business cycle theory, the U.S. and Canadian experience of the financial crisis combined, and the political economy of regulation and crisis. The editor is a faculty member of St. Lawrence University in New York.