The Business Cycles Theory of Wilhelm Röpke
Abstract: This paper presents Wilhelm Röpke’s business cycle theory, which has been not sufficiently investigated. The perspective of this theory lays in the intention of building a synthesis, called by the author a “monetary theory of overcapitalization”. The essence of the theory begins identif...
Guardado en:
| Autor principal: | |
|---|---|
| Formato: | Artículo |
| Lenguaje: | Español |
| Publicado: |
Editorial del Ciclo Económico
2023
|
| Materias: | |
| Acceso en línea: | https://repositorio.uca.edu.ar/handle/123456789/16277 |
| Aporte de: |
| Sumario: | Abstract: This paper presents Wilhelm Röpke’s business cycle theory, which has been not sufficiently
investigated. The perspective of this theory lays in the intention of building a synthesis, called
by the author a “monetary theory of overcapitalization”. The essence of the theory begins
identifying the boom as the main cause of recessions and contains a special theory of
depression. Besides, to draw a global picture of Röpke’s thought on business cycles, this paper
integrates his vision, lately developed, upon the inflationary problem during economic
expansions. |
|---|