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EnglishWe offer a reconstruction of the history of formal treatment of fluctuations vis-à-vis macroeconomic growth theories, with an account of the birth of the neoclassical approach at the hands simultaneously of Solow and Swan. Modern macromodeling of growth phenomena grew out of a general equilibrium approach as much as from the attempt of classical macrodynamics to construct a general theory explaining cycles and growth on a unique set of principles.
http://hdl.handle.net/11365/25419| Titolo: | A NONLINEAR HISTORY OF GROWTH AND CYCLE THEORIES |
| Autori interni: | PUNZO, LIONELLO FRANCO |
| Anno: | 2009 |
| Rivista: | HISTORY OF POLITICAL ECONOMY |
| Abstract: | We offer a reconstruction of the history of formal treatment of fluctuations vis-à-vis macroeconomic growth theories, with an account of the birth of the neoclassical approach at the hands simultaneously of Solow and Swan. Modern macromodeling of growth phenomena grew out of a general equilibrium approach as much as from the attempt of classical macrodynamics to construct a general theory explaining cycles and growth on a unique set of principles. |
| Handle: | http://hdl.handle.net/11365/25419 |
| Appare nelle tipologie: | 1.1 Articolo in rivista |
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| A Nonlinear History of Growth and Cycle -1.pdf | 185.66 kB | Adobe PDF | Post-print | NON PUBBLICO - Accesso privato/ristretto | Administrator Richiedi una copia |
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