Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/277521 
Year of Publication: 
2021
Citation: 
[Journal:] European Journal of Economics and Economic Policies: Intervention (EJEEP) [ISSN:] 2052-7772 [Volume:] 18 [Issue:] 3 [Year:] 2021 [Pages:] 303-309
Publisher: 
Edward Elgar Publishing, Cheltenham
Abstract: 
With our book Saving and Investment in the Twenty-First Century: The Great Divergence (published as open access), we present a comprehensive theoretical explanation as well as empirical evidence for the phenomenon of low interest rates observed in the OECD countries and China and make various economic policy recommendations based on it. We have developed a new capital-theoretical approach to address these important issues. In what follows, we will discuss some of the more critical parts of Eckhard Hein's otherwise very sympathetic review of our book.
Subjects: 
capital
saving
investment
macroeconomics
economic policy
public debt
neo-Austriancapital theory
Keynesian economics
natural rate of interest
JEL: 
E12
E13
E14
E20
E21
E22
E43
H63
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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