F. A. Hayeks konjunkturteori

Henrik Preben Perregaard ()

Nationaløkonomisk tidsskrift, 2009, vol. 2009, issue 1, 316-334

Abstract: This article contains a survey and a critique of F. A. Hayek’s monetary overinvestment theory of the trade cycle from the 1930’s. However, first there will be a discussion of Hayek’s concept of capital, which is central for his trade cycle theory and is inspired from the capital theoretic thoughts of Böhm-Bawerk from the end of the 19th century. Hayek´s trade cycle theory is compared with key elements in Keynes’ and Friedman’s corresponding theories, and it is concluded, that Hayek’s theory seems to explain aspects of the causes and the development of the current financial crisis.

Keywords: F. A. Hayeks; konjunkturteori (search for similar items in EconPapers)
JEL-codes: A10 (search for similar items in EconPapers)
Date: 2009
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.xn--nt-lka.dk/files/2009/2009.pdf Full text (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hhs:jdaecn:0093

Access Statistics for this article

Nationaløkonomisk tidsskrift is currently edited by Jan Rose Skaksen

More articles in Nationaløkonomisk tidsskrift from Nationaløkonomisk Forening Contact information at EDIRC.
Bibliographic data for series maintained by Lasse Wolsgård ( this e-mail address is bad, please contact ).