Entwicklung der Konjunkturforschung im frühen 20. Jahrhundert »The Formation of Business Cycle Research in the Early 20th Century«: The formation of research on macroeconomic fluctuations in the early 20th century was characterised by a debate on key questions: is the business cycle a problem of applied economic theory or does it require a fundamentally new synthesis of micro and macroeconomics What was the role of money in completing this task Can macro fluctuations be explained by a collection and inspection of data or can these data only be properly read by a dominant theory chosen for analytical reasons