1st Edition

Business cycle theory as a basis for economic policy

Edited By Pascal Bridel, Muriel Dalpont Copyright 2016
208 Pages
by Routledge

208 Pages
by Routledge

200 Pages
by Routledge

This book aims to start a debate on the relationship between economic theory – and more precisely business cycle theory – and economic policy , emphasising the diversity of views on economic policy which characterised older periods, in contrast to the homogeneity of the analysis and diagnosis provided by current business cycles developments. Since the 1970s, economic theorists excluding any... Read more

Introduction: Business cycle theory as a basis for economic policy Pascal Bridel and Muriel Dal Pont Legrand

1. Economics of the crisis and the crisis of economics Axel Leijonhufvud

2. On the importance of institutions and forms of organisation in Piero Sraffa’s economics: the case of business cycles, money, and economic policy Richard Arena

3. Mr Keynes, the Classics and the new Keynesians: A suggested formalisation Rodolphe Dos Santos Ferreira

4. Three macroeconomic syntheses of vintage 1937: Hicks, Haberler, and Lundberg Hans-Michael Trautwein

5. Lange’s 1938 model: dynamics and the "optimum propensity to consume" Michaël Assous and Roberto Lampa

6. Toward a non-linear theory of economic fluctuations: Allais’s contribution to endogenous business cycle theory in the 1950s Alain Raybaut

7. The "Treasury View": An (un-)expected return? Pascal Bridel

Biography

Pascal Bridel is Professor of Economics at the University of Lausanne, Switzerland. He has published in various fields including the history of economic thought and monetary theory.

Muriel Dal Pont is Professor of Economics at the University Nice, France. She has published in various fields including the history of economic thought.