Merger waves and the Austrian business cycle theory
Following standard Austrian School theory, in this paper I identify merger waves as parts of Austrian type business cycles. As indicated by Mises, Rothbard and Hayek, when loan rates are reduced below their natural level through bank credit expansion this falsifies the monetary calculation of capita...
- Autores:
-
Saravia, Jimmy A.
- Tipo de recurso:
- Fecha de publicación:
- 2013
- Institución:
- Universidad EAFIT
- Repositorio:
- Repositorio EAFIT
- Idioma:
- eng
- OAI Identifier:
- oai:repository.eafit.edu.co:10784/1200
- Acceso en línea:
- http://hdl.handle.net/10784/1200
- Palabra clave:
- Austrian business cycle
Merger waves
Austrian
Neoclassical
Behavioral
- Rights
- License
- Acceso abierto