Post-Pandemic Business Cycle in Poland and in the United States in the Light of the Austrian Business Cycle Theory-Reference-Cited by-同舟云学术

Post-Pandemic Business Cycle in Poland and in the United States in the Light of the Austrian Business Cycle Theory

Published:2023-12-01 Issue:1 Volume:68 Page:229-259
ISSN:2199-6059
Container-title:Studies in Logic, Grammar and Rhetoric
language:en
Short-container-title:

Author:

Benedyk Mateusz¹^ORCID,Sieroń Arkadiusz¹^ORCID

Affiliation:

1. Institute of Economic Sciences , University of Wroclaw , Poland

Abstract

Abstract The purpose of the article is to examine the post-pandemic business cycle in Poland and in the United States in the light of the Austrian business cycle theory. The study shows that this theory satisfactorily explains the post-pandemic business cycle. Moreover, it seems that the Austrian business cycle theory explains some important facts better than competing theories of business cycle. The analysis also indicates that the post-pandemic business cycle differs significantly in many respects from previous business cycles – and that these differences could be explained within the framework of the Austrian business cycle theory.

Publisher

Walter de Gruyter GmbH

Link

https://www.sciendo.com/pdf/10.2478/slgr-2023-0012

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