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La teoria del Ciclo di Hayek. Esposizione e Discussione (Hayek’s Business Cycle Theory)



Here we will deal with Hayek economist and without considering his theoretical production completely. In fact, the purpose of the present work is to expose and discuss Hayek’s theory of economic cycle. To try to develop our assignment in best way, naturally, we have also to deal us with Hayek’s monetary theory as well as to mention his theory of capital and his methodological formulations. During this writing, after having delineated Hayek’s analytical tools and the general characters of his analysis, we will introduce the most important models of the cycle elaborated by him during the years; lot of time will be given to the discussion of the model reported in “Prices and Production”, for the reasons that will be subsequently exposed. Then, we will try to discuss the “internal” problems concerning Hayek’s theory to finally draw some conclusions concerning if this theory is still actual or not.

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  • Hervé Baron, 2007. "La teoria del Ciclo di Hayek. Esposizione e Discussione (Hayek’s Business Cycle Theory)," Working Papers - Economics wp2007_04, Universita' degli Studi di Firenze, Dipartimento di Scienze per l'Economia e l'Impresa.
  • Handle: RePEc:frz:wpaper:wp2007_04

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    References listed on IDEAS

    1. Roland Bénabou & Jean Tirole, 2006. "Belief in a Just World and Redistributive Politics," The Quarterly Journal of Economics, Oxford University Press, vol. 121(2), pages 699-746.
    2. Akerlof, George A & Dickens, William T, 1982. "The Economic Consequences of Cognitive Dissonance," American Economic Review, American Economic Association, vol. 72(3), pages 307-319, June.
    3. Robert J. Oxoby, 2004. "Cognitive dissonance, status and growth of the underclass," Economic Journal, Royal Economic Society, vol. 114(498), pages 727-749, October.
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    More about this item


    teoria del ciclo; fluttuazioni cicliche; ciclo economico;

    JEL classification:

    • B13 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Neoclassical through 1925 (Austrian, Marshallian, Walrasian, Wicksellian)
    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals
    • E13 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Neoclassical
    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles

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