Irving Fisher's debt-deflation theory

由 MH Wolfson 著作 · 1996 · 被引用 72 次 — The essence of Irving Fisher's debt-deflation theory was an interactive process whereby falling commodity prices increased the debt burden ...

the situation in which collateral (= property that will be sold or collected to make certain a debt is paid) becomes less valuable:.

由 I FISHER 著作 · 被引用 5573 次 — IN Booms and Depressions, I have developed, theoretically and sta- tistically, what may be called a debt-deflation theory of great depres-.

2022年10月12日 — The theory proposes that when the level of prices across consumer goods and services continuously drops, debt levels increase, and a period of ...

Debt deflation occurs when the fall in prices increases debt-servicing pressure on businesses and consumers who have borrowed money to finance their business ...

This paper proposes a model of how agents adjust their asset holdings in response to losses in general equilibrium. By emphasising the relation between ...

由 I FISHER 著作 · 被引用 5573 次 — IN Booms and Depressions, I have developed, theoretically and sta- tistically, what may be called a debt-deflation theory of great depres-.

Debt deflation is a theory that recessions and depressions are due to the overall level of debt rising in real value because of deflation, causing people to ...

由 I Fisher 著作 · 1933 · 被引用 5573 次 — Evidently debt and deflation go far toward explaining a great mass of phenomena in a very simple logical way. 25. The above chain of causes, consisting of nine ...

The Debt Deflation Hypothesis is a concept that suggests high debt levels can induce significant contractions in demand, reducing prices and causing deflation ...