Sökning: "Austrian business cycle theory"

Visar resultat 6 - 10 av 12 uppsatser innehållade orden Austrian business cycle theory.

1. 6. Today's Credit Market - How to Avoid a House of Cards? : Austrian Full Reserves and the Chicago Plan as Alternatives to the Current Fractional Reserves

   Kandidat-uppsats, Södertörns högskola/Nationalekonomi

   Författare :Julia Eriksson; Julia Jordeby; [2017]
   Nyckelord :Full reserves; Austrian business cycle theory; the Chicago Plan; Household debt; Convertibility principle; Quantity principle; Hundraprocentiga reserver; Österrikisk konjunkturcykelteori; Chicagoplanen; Hushållens skuldsättning; Konvertibilitet; Kvantitetskontroll;

   Sammanfattning : Today’s household debt consists for the most part of credit money, and this general phenomenon does not only occur in Sweden. Money in the economy is mostly created by private banks, as much as 97 percent of the money in the United States, while central banks only create a very small share of all money. LÄS MER

3. 7. Bitcoin & valutakonkurrens : En jämförande nyttoanalys

   Kandidat-uppsats, Linköpings universitet/Nationalekonomi; Linköpings universitet/Filosofiska fakulteten

   Författare :Robert Bostedt; [2015]
   Nyckelord :Bitcoin; Valutakonkurrens;

   Sammanfattning : Denna uppsats undersöker nyttan som uppfylls i bytesmedlet Bitcoin i förhållande till densvenska kronan i allmänhet och de makroekonomiska konsekvenserna av sådannyttouppfyllelse i synnerhet. Undersökningen utgår från att nyttan som kan härledas urpengar kommer av dess inneboende kvalitéer, främst i form av dess möjligheter att bevaravärde i samt dess möjligheter att generera låga transaktionskostnader. LÄS MER

4. 8. The role of "artificially" low interest rates through credit expansion - The road to prosperity or another recession?

   D-uppsats, Handelshögskolan i Stockholm/Institutionen för nationalekonomi

   Författare :My Hedlin; [2015]
   Nyckelord :Circulation credit theory; Credit expansion; Monetary policy; Interest rate; Austrian business cycle;

   Sammanfattning : Current macroeconomic doctrine holds that the aim of monetary policy should be a steady inflation rate aligned with expectations. Consequently, central banks have declared remarkably low interest rates after the financial crisis in 2008 and pursue vast monetary expansion in their battle against slumbering economic activity. LÄS MER

5. 9. Do well-functioning financial markets contribute to economic growth in less developed countries? : A cross-sectional study on low- and lower-middle-income countries

   Kandidat-uppsats, Södertörns högskola/Institutionen för samhällsvetenskaper

   Författare :John Söderlund; Sara Biesheuvel; [2014]
   Nyckelord :economic growth; credit market; developing countries; financial systems; financial development; Schumpeterian theory of economic development; Austrian business cycle theory;

   Sammanfattning : This paper examines the correlation between credit intermediated by financial systems and economic growth in developing countries. More specifically we have studied whether well-functioning financial markets result in economic growth. We base our study on data from 53 low- and lower-middle income countries in the period 2004-2011. LÄS MER

7. 10. Analysis of US Sectoral Business Cycles: A Quantitative Study of Austrian Business Cycle Theory

   Magister-uppsats, Lunds universitet/Nationalekonomiska institutionen

   Författare :Ralf Elfving; Anders Lindén; [2011]
   Nyckelord :Austrian Business Cycle Theory; Natural Rate of Interest; Cointegration; Business Cycles; Vector Error Correction Model; Business and Economics;

   Sammanfattning : According to Austrian Business Cycle Theory a policy-induced lowering of the short policy interest rate below an unobservable natural interest rate can lead to an unsustainable boom in the economy, resulting in misallocated capital. As the unsustainability of this boom eventually becomes apparent and corrected the misallocated capital gets liquidated and causes a recession. LÄS MER