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Book

The Stockholm School and the Development of Dynamic Method

Book

The Stockholm School and the Development of Dynamic Method

DOI link for The Stockholm School and the Development of Dynamic Method

The Stockholm School and the Development of Dynamic Method book

The Stockholm School and the Development of Dynamic Method

DOI link for The Stockholm School and the Development of Dynamic Method

The Stockholm School and the Development of Dynamic Method book

ByBjörn A. Hansson
Edition 1st Edition
First Published 1982
eBook Published 2 February 2017
Pub. Location London
Imprint Routledge
DOI https://doi.org/10.4324/9781315386621
Pages 298
eBook ISBN 9781315386621
Subjects Economics, Finance, Business & Industry
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Hansson, B.A. (1982). The Stockholm School and the Development of Dynamic Method (1st ed.). Routledge. https://doi.org/10.4324/9781315386621

ABSTRACT

This book, first published in 1982, provides a thorough analysis of the Stockholm School’s contribution to the development of dynamic methods. It examines the work of such key figures as Myrdal, Lundberg and Lindahl and provides new insights on their work. It discusses the connections between the Stockholm School and Keynesian revolution, and shows how the Stockholm School were the precursors of many contemporary ideas. This title will be of interest to students of economics.

TABLE OF CONTENTS

part I|2 pages

Introduction.

chapter 1|4 pages

The main purpose of the work.

chapter 2|4 pages

The idea of a reconstruction as an expository device.

chapter 3|4 pages

An outline of the work.

chapter 1|3 pages

Sequence analysis as the point of reference.

chapter 2|4 pages

The static method.

chapter 3|3 pages

Intertemporal equilibrium.

chapter 4|2 pages

Temporary equilibrium.

chapter 5|2 pages

Disequilibrium methods: Equilibrium and disequilibrium sequence analysis.

part III|1 pages

The 'method of expectations': Myrdal's dissertation (1927).

chapter 1|6 pages

Myrdal's purpose.

chapter 2|3 pages

The construction of a concept of dynamic equilibrium.

chapter 3|3 pages

Two dynamic methods.

chapter 4|5 pages

Objective and subjective risk.

part IV|1 pages

The equilibrium approach: Lindahl's development of intertemporal and temporal equilibrium (1929-1930).

chapter 1|7 pages

The object of Lindahl's analysis.

chapter 2|18 pages

The dynamic method.

chapter 3|9 pages

The savings-investment mechanism during a cumulative process.

chapter 4|7 pages

Lindahl's critique of Wicksell's conception of a normal rate.

chapter |4 pages

Appendix to Chapter IV.

part V|1 pages

A critique of static equilibrium theory: Lundberg (1930).

chapter 1|1 pages

Lundberg's purpose.

chapter 2|2 pages

A critique of static equilibrium theory.

chapter 3|6 pages

Lundberg's comments on dynamic method.

chapter 1|8 pages

The purpose of Monetary Equilibrium.

chapter 2|5 pages

The dynamic method.

chapter 3|24 pages

Myrdal's analysis of Wicksell's three conditions for monetary equilibrium.

chapter 4|17 pages

The savings-investment mechanism during a cumulative process.

part VII|1 pages

Profit as a link between consecutive periods: Hammarskjöld (1932-1933).

chapter 1|3 pages

Hammarskjöld's purpose.

chapter 2|2 pages

The dynamic method.

chapter 3|4 pages

The formula for the price level.

part VIII|2 pages

Autonomous changes in consumption demand: Ohlin (1932-1934).

chapter 1|4 pages

Ohlin's dynamic method.

chapter 2|4 pages

'What happens first' and the 'case-by-case' approach.

chapter 3|5 pages

A critique of the 'neo-Wicksellians' or an autonomous change in the demand for consumption goods.

chapter 4|13 pages

The equilibrating mechanism.

part IX|1 pages

A fully developed sequence analysis: Lindahl (1934-1935).

chapter 1|1 pages

The dating of Lindahl's contribution.

chapter 2|1 pages

A general dynamic theory as a basis for all economic theory.

chapter 3|6 pages

The vision behind the construction of a general dynamic theory.

chapter 4|12 pages

Sequence analysis.

chapter 5|5 pages

The disequilibrium method applied to the analysis of price movements.

part X|1 pages

Disequilibrium sequence analysis: Lundberg (1937).

chapter 1|5 pages

The background to the model sequences.

chapter 2|4 pages

The equilibrium notion in a disequilibrium sequence analysis.

chapter 3|6 pages

The limitations of model sequence analysis.

chapter 1|10 pages

Ohlin on Keynes.

chapter 2|4 pages

Lundberg on Keynes.

chapter XII|6 pages

Summary

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