Vox column on Reconciling Hayek’s and Keynes’ views of recessions

keynes-vs.-hayek1Paul Beaudry, Dana Galizia and myself have written a Vox column based on our recent paper on recessions, that can be seen as a reconciliation of Keynes’ and Hayek’s views of recessions.

The column can be found there: http://www.voxeu.org/article/reconciling-hayeks-and-keynes-views-recessions.

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