All Articles tagged interest rate

• Book Reviews
  August 05, 2021 CDT
  Book Review: Monetary Policy after the Great Recession: The Role of Interest Rates
  Nikolay Gertchev

  Nikolay Gertchev reviews Arkadiusz Sieron's effort to investigate the failure of expansionary monetary policy to address the challenges of the 2008-09 Great Recession.

  Abstract
• Articles
  August 05, 2021 CDT
  The Case against the New “Secular Stagnation Hypothesis”
  Mihai Macovei

  Lawrence Summers claims that excess savings and feeble investment led to secular stagnation in advanced economies. Macovei defends the Austrian business cycle theory against Summers's arguments.

  Abstract
• Articles
  September 28, 2020 CDT
  Corporate Risk Evaluation in the Context of Austrian Business Cycle Theory
  Joanna Kruk

  This analysis of NPV and interest rate changes in the context of Austrian business cycle theory quantifies the riskier positions entrepreneurs take during the boom phase of the cycle.

  Abstract
• Articles
  March 21, 2020 CDT
  An Overlooked Scenario of “Reswitching” in the Austrian Structure of Production
  Er'el Granot

  Reswitching indicates that the average production period is not necessarily a decreasing function of the interest rate. Granot's generic model of the structure of production shows behavior resembling reswitching.

  Abstract
• Book Reviews
  December 31, 2019 CDT
  Book Review: Money, Inflation, and Business Cycles: The Cantillon Effect and the Economy
  Mark Thornton

  Mark Thornton reviews Arkadiusz Sieroń's important new book on the Cantillon Effect, which indicates that the effect of new money on the economy depends on where it is injected.

  Abstract