Statements (21)
Predicate | Object |
---|---|
gptkbp:instanceOf |
gptkb:economic_policy
|
gptkbp:citation |
macroeconomic literature
|
gptkbp:describes |
relationship between debt and deflation
|
gptkbp:explains |
how excessive debt can lead to deflation and economic depression
|
gptkbp:focusesOn |
macroeconomic crises
|
gptkbp:hasConcept |
bankruptcies
increase in unemployment falling prices contraction of money supply debt liquidation reduction in net worth reduction in output |
https://www.w3.org/2000/01/rdf-schema#label |
debt-deflation theory
|
gptkbp:influenced |
Great Depression analysis
|
gptkbp:proposedBy |
gptkb:Irving_Fisher
|
gptkbp:publicationYear |
1933
|
gptkbp:publishedIn |
gptkb:Econometrica
|
gptkbp:relatedTo |
gptkb:financial_instability_hypothesis
business cycle theory |
gptkbp:bfsParent |
gptkb:Irving_Fisher
|
gptkbp:bfsLayer |
5
|