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Rethinking Time and Money at the Beginning of the 21st Century


  • Ludwig van den Hauwe


The renaissance of capital-based macroeconomics belongs to the most significant scholarly developments within the field of macroeconomics in recent times. This paper was a contribution to the special 2001 symposium devoted to a critical evaluation and analysis of the recent revival of capital-based macroeconomics and capital-based business cycle theory, as exemplified by R. W. Garrison´s book, TIME AND MONEY: THE MACROECONOMICS OF CAPITAL STRUCTURE (New York: Routledge, 2001).

Suggested Citation

  • Ludwig van den Hauwe, 2005. "Rethinking Time and Money at the Beginning of the 21st Century," Macroeconomics 0508010, University Library of Munich, Germany, revised 24 Dec 2005.
  • Handle: RePEc:wpa:wuwpma:0508010
    Note: Type of Document - pdf; pages: 14.

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    References listed on IDEAS

    1. Paul F. Whiteley (ed.), 1998. "Economic Policy," Books, Edward Elgar Publishing, volume 0, number 996.
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    Cited by:

    1. Robert Mulligan, 2006. "Accounting for the business cycle: Nominal rigidities, factor heterogeneity, and Austrian capital theory," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 19(4), pages 311-336, December.

    More about this item


    capital-based macroeconomics; business cycle theory;

    JEL classification:

    • E - Macroeconomics and Monetary Economics


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