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Miia Parnaudeau

European Business Fluctuations in the Austrian Framework

Quarterly Journal of Austrian Economics

Author: Miia Parnaudeau

Online Publish Date: July 30, 2014

Category: Business Cycles, Booms and Busts, Global Economy

The Austrian theory mainly deals with analyzing the effects of an increased credit offer on productive structures. In this respect, we propose to link long-term growth cycles to various short-term interest rate gaps. Are European Business Cycles affected when a fall in the money market rate disrupts agents’ expectations of inflation? Using the

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