Quarterly Journal of Austrian Economics
Author:
Guido Zimmermann
Online Publish Date:
Volume 10, No. 3 (2007) Does Structuralist unemployment theory in the spirit of Edmund S. Phelps (1994) contain Austrian elements? Austrian macroeconomics concerns itself with the intertemporal capital structure and entrepreneurial expectations. This paper shows that Structuralist theory is “Austrian” by being dynamic and considering