IDEAS home Printed from https://ideas.repec.org/a/eyd/eyjrnl/v20y2009i71p37-56.html
   My bibliography  Save this article

Avusturya İktisadi Dalgalanmalar Teorisini Anlamak

Author

Listed:
  • Ersan BOCUTOĞLU

    (Karadeniz Technical University)

  • Aykut EKİNCİ

    (Development Bank of Turkey)

Abstract

1930’larda iktisadi dalgalanmalar teorisi alanında Hayek ve Keynes’in açıklamaları birbirine rakip iki temel yaklaşımı oluşturmaktaydı. Büyük Bunalım’ın ardından iktisadi dalgalanmalara Keynesyen yaklaşım ön plana çıkarken, Hayekyen yaklaşım neredeyse bütünüyle unutulmaya yüz tutmuştur. Stagflasyon bunalımı ile birlikte, Keynesyen iktisadın düşüşe geçmesi ve stagflasyon olgusunun Hayekyen yaklaşımı desteklemesinin ardından, Avusturya iktisadi dalgalanmalar teorisi artan bir ilgi uyandırmaya başlamıştır. Bununla birlikte, Hayek’in çalışmalarının oldukça felsefi ve kompleks olması nedeniyle bu ilgi sınırlı kalmıştır. Son dönem Avusturya okulu iktisatçılarından Roger Garrison, Hayek’in “zamanlararası üretim yapısındaki değişme” fikri üzerine inşa ettiği iktisadi dalgalanmalar teorisine daha anlaşılır ve bütüncül bir yapı kazandırmıştır. Çalışma Garrison’ın katkıları çerçevesinde, Hayek’in iktisadi dalgalanmalar teorisini tanıtmaktadır.

Suggested Citation

  • Ersan BOCUTOĞLU & Aykut EKİNCİ, 2009. "Avusturya İktisadi Dalgalanmalar Teorisini Anlamak," Ekonomik Yaklasim, Ekonomik Yaklasim Association, vol. 20(71), pages 37-56.
    • Handle: RePEc:eyd:eyjrnl:v:20:y:2009:i:71:p:37-56
    DOI: 10.5455/ey.10685
    Note: [English Title] Understanding Austrian Business Cycle Theory [English Abstract] The business cycle theory of Hayek and the General Theory of Keynes were the two major rivals in the 1930s. After the Great Depression, the Keynesian Revolution came to the forefront, completely displacing all other approaches to macroeconomics. However, during the stagflation crisis the Keynesian economics was in decline, while Hayekian approach gained support by wide circles. This situation paved the way for a growing interest in Austrian economics. Yet, this tendency did not last long as Hayek’s works were pretty complicated and philosophical. Roger Garrison, an economist and advocate of the late Austrian school, developed a relatively simple and comprehensive macroeconomic model based on Hayek’s notion of “Intertemporal production structure.” This paper presents and evaluates Hayek’s theory of economic fluctuations in the light of Garrison’s contributions. [English Keywords] Hayekian Triangle, Economic Fluctuations, Austrian Economics
    as

    Download full text from publisher

    File URL: http://dx.doi.org/10.5455/ey.10685
    Download Restriction: No restriction for articles.
    File URL: https://libkey.io/10.5455/ey.10685?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eyd:eyjrnl:v:20:y:2009:i:71:p:37-56. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ozan Eruygur (email available below). General contact details of provider: http://www.ekonomikyaklasim.org .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.