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National Repository of Grey Literature 1 records found  Search took 0.01 seconds. 
Application of austrian bussiness cycle theory to japanese economy in the 80's
 Šerý, Rostislav ; Pfeifer, Lukáš (advisor) ; Urban, Luděk (referee)
The aim of this thesis is application of the Austrian Bussiness cycle theory on the real economy. The ability of this theory to explain the causes of the crisis will be researched on the Japanese economy during the economic boom in the 80's which preceded the "Lost decade". I will try to find out the real cause of this historical event. In theoretical part I will focus on the assumptions of this theory which has clearly defined causes, process and consequences of trade cycle. In the practical part i will confront these assumptions with the real data. In this part will be analysed development of relative prices in particular sectors of economy. The output of this part confirmed the hypotesis of theory in principle. The objective of thesis is to find the causes of contraction in the japanese economy at the end of 80's with using Austrian business cycle theory.
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4 Šerý, Radek
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