Home > Research > Publications & Outputs > Austrian business cycle theory, Keyne's general...
View graph of relations

Austrian business cycle theory, Keyne's general theory, soaring wheat prices and sub-prime mortgage write-downs

Research output: Contribution to Journal/MagazineJournal articlepeer-review

Published

Standard

Austrian business cycle theory, Keyne's general theory, soaring wheat prices and sub-prime mortgage write-downs. / Steele, G R.
In: Quarterly Journal of Austrian Economics, Vol. 11, No. 2, 2008, p. 119-122.

Research output: Contribution to Journal/MagazineJournal articlepeer-review

Harvard

APA

Vancouver

Steele GR. Austrian business cycle theory, Keyne's general theory, soaring wheat prices and sub-prime mortgage write-downs. Quarterly Journal of Austrian Economics. 2008;11(2):119-122. doi: 10.1007/s12113-008-9037-3

Author

Steele, G R. / Austrian business cycle theory, Keyne's general theory, soaring wheat prices and sub-prime mortgage write-downs. In: Quarterly Journal of Austrian Economics. 2008 ; Vol. 11, No. 2. pp. 119-122.

Bibtex

@article{65d5ae734c52411aad591017a9449e3b,
title = "Austrian business cycle theory, Keyne's general theory, soaring wheat prices and sub-prime mortgage write-downs",
abstract = "Keynes{\textquoteright}s presentation of own rates of interest on wheat and housing is set within Austrian business cycle theory, to show that soaring wheat prices and subprime mortgage writedowns are expected, when a monetary authority holds interest rates too low for too long. From that basis, further interest rate cuts are an unlikely remedy for a recession whose roots lie in a proliferation of credit.",
author = "Steele, {G R}",
year = "2008",
doi = "10.1007/s12113-008-9037-3",
language = "English",
volume = "11",
pages = "119--122",
journal = "Quarterly Journal of Austrian Economics",
issn = "1098-3708",
publisher = "Springer New York",
number = "2",

}

RIS

TY - JOUR

T1 - Austrian business cycle theory, Keyne's general theory, soaring wheat prices and sub-prime mortgage write-downs

AU - Steele, G R

PY - 2008

Y1 - 2008

N2 - Keynes’s presentation of own rates of interest on wheat and housing is set within Austrian business cycle theory, to show that soaring wheat prices and subprime mortgage writedowns are expected, when a monetary authority holds interest rates too low for too long. From that basis, further interest rate cuts are an unlikely remedy for a recession whose roots lie in a proliferation of credit.

AB - Keynes’s presentation of own rates of interest on wheat and housing is set within Austrian business cycle theory, to show that soaring wheat prices and subprime mortgage writedowns are expected, when a monetary authority holds interest rates too low for too long. From that basis, further interest rate cuts are an unlikely remedy for a recession whose roots lie in a proliferation of credit.

U2 - 10.1007/s12113-008-9037-3

DO - 10.1007/s12113-008-9037-3

M3 - Journal article

VL - 11

SP - 119

EP - 122

JO - Quarterly Journal of Austrian Economics

JF - Quarterly Journal of Austrian Economics

SN - 1098-3708

IS - 2

ER -