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@article{ Grömling2009,
 title = {Gab es Überinvestitionen im Vorfeld der Großen Depression?},
 author = {Grömling, Michael},
 journal = {Historical Social Research},
 number = {4},
 pages = {402-418},
 volume = {34},
 year = {2009},
 issn = {0172-6404},
 doi = {https://doi.org/10.12759/hsr.34.2009.4.402-418},
 urn = {https://nbn-resolving.org/urn:nbn:de:0168-ssoar-287825},
 abstract = {'After a brief survey of the relationship between investment and business cycles the article analyzes whether there was macro-economic overinvestment in the second half of the 1920s in the U.S. and in Germany. Based on different indicators no empirical evidence for excessive investment in machinery and equipment as well as in buildings in the wake of the Great Depression is found.' (author's abstract)},
 keywords = {business cycle; balance of payments; business cycle theory; Zinssatz; investment income; national state; North America; Staat; interest rate; historical analysis; Weimar Republic (Germany, 1918-33); Great Depression; Kreditpolitik; Konjunkturtheorie; Schumpeter, J.; credit policy; Sparen; Nordamerika; savings; monetary policy; United States of America; economic theory; Investition; Keynes, J.; Weimarer Republik; historische Analyse; Zahlungsbilanz; Leistungsbilanz; Hayek, F.; Keynes, J.; Konjunkturzyklus; investment; volkswirtschaftliche Gesamtrechnung; national accounts statistic; USA; Hayek, F.; Geldpolitik; ökonomische Theorie; Weltwirtschaftskrise; Bruttosozialprodukt; current account; Kapitalertrag; gross national product; Schumpeter, J.}}