Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/70277
Authors: 
Laidler, David
Year of Publication: 
2013
Series/Report no.: 
EPRI Working Paper 2013-2
Abstract: 
The Fisher relation played a very different role in debates surrounding the Great Depression and the more recent Great Recession. This paper explores some of these differences, and suggests an explanation for them derived from a sketch of the idea's evolution between the two events, thus providing a brief case study of the interaction of economic ideas and economic events that is a central feature of the History of Economic Thought.
Subjects: 
interest rates
nominal vs. real
Inflation
deflation
expectations
depression
recession
Keynesian economics
monetarism
monetary policy
JEL: 
B22
B26
E31
E32
E43
Document Type: 
Working Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.