debt-deflation theory

GPTKB entity

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