The Debt-Deflation Theory of Great Depressions

@inproceedings{Fisher1933TheDT,
  title={The Debt-Deflation Theory of Great Depressions},
  author={Irving Fisher},
  year={1933}
}
  • Irving Fisher
  • Published 1933
  • History, Economics
  • IN Booms and Depressions, I have developed, theoretically and statistically, what may be called a debt-deflation theory of great depressions. In the preface, I stated that the results "seem largely new," I spoke thus cautiously because of my unfamiliarity with the vast literature on the subject. Since the book was published its special conclusions have been widely accepted and, so far as I know, no one has yet found them anticipated by previous writers, though several, including myself, have… CONTINUE READING

    Citations

    Publications citing this paper.
    SHOWING 1-10 OF 344 CITATIONS

    Predicting Financial Crises

    VIEW 13 EXCERPTS
    HIGHLY INFLUENCED

    Essays on the Economic Consequences of Capital Controls

    VIEW 6 EXCERPTS
    CITES BACKGROUND
    HIGHLY INFLUENCED

    Insights on deflation theory

    VIEW 10 EXCERPTS
    CITES BACKGROUND
    HIGHLY INFLUENCED

    Banking Panics and Deflation in Dynamic General Equilibrium

    VIEW 7 EXCERPTS
    CITES BACKGROUND & METHODS
    HIGHLY INFLUENCED

    Previous financial crises leading to stagnation: Selected case studies

    VIEW 4 EXCERPTS
    CITES BACKGROUND
    HIGHLY INFLUENCED

    FILTER CITATIONS BY YEAR

    1983
    2020

    CITATION STATISTICS

    • 21 Highly Influenced Citations

    • Averaged 31 Citations per year from 2017 through 2019

    • 9% Increase in citations per year in 2019 over 2018