Debt-Deflation Theory of Great Depressions
GPTKB entity
Statements (22)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:economic_policy
|
| gptkbp:category |
history
macroeconomics |
| gptkbp:citation |
gptkb:Ben_Bernanke
gptkb:Hyman_Minsky modern macroeconomists |
| gptkbp:describes |
relationship between debt, deflation, and economic depressions
|
| gptkbp:explains |
how reduced spending and investment deepen economic depression
how deflation increases real debt burden how increased debt burden leads to bankruptcies how bankruptcies lead to reduced spending and investment |
| gptkbp:focusesOn |
effects of over-indebtedness
falling prices (deflation) |
| https://www.w3.org/2000/01/rdf-schema#label |
Debt-Deflation Theory of Great Depressions
|
| gptkbp:influenced |
macroeconomic policy discussions
|
| gptkbp:proposedBy |
gptkb:Irving_Fisher
1933 |
| gptkbp:publishedIn |
gptkb:Econometrica
|
| gptkbp:relatedTo |
gptkb:Great_Depression
monetary economics |
| gptkbp:bfsParent |
gptkb:Irving_Fisher
|
| gptkbp:bfsLayer |
5
|