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A Theory of Business Cycles

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  • Lawrence K. Frank

Abstract

Varying rates of production at different stages of the economic processes and in different stages of the business cycle. — Sequence during depression, revival, and prosperity, 628. — Pecuniary and credit changes, 635. — Credit expansion and price advances not a cause but an index of the operating causes, 638.

Suggested Citation

  • Lawrence K. Frank, 1923. "A Theory of Business Cycles," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 37(4), pages 625-642.
    • Handle: RePEc:oup:qjecon:v:37:y:1923:i:4:p:625-642.
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    File URL: http://hdl.handle.net/10.2307/1884054
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    Cited by:

    1. Luca Fiorito, 2015. "A Certain Amount of ‘Recantation'. On the Origins of Frank H. Knight’s Antipositivism," Department of Economics University of Siena 705, Department of Economics, University of Siena.

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