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Don Patinkin's Ph.D. dissertation as the prehistory of disequilibrium theories

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Author Info

  • Goulven Rubin

    ()
    (LED - Laboratoire d'économie dyonisien - Université Paris VIII - Vincennes Saint-Denis : EA3391)

Abstract

Abstract: In the opening sentence of Money, Interest, and Prices, Patinkin noted that his book was the outgrowth of ideas first presented in his doctoral dissertation. This claim has attracted the attention of most scholars who wrote about his works in recent years. As shown by Boianovsky (2006), Merhling (2002) or Rubin (2002), reading Patinkin's doctoral dissertation shed new light on his major work. However, these articles only contain partial presentations of the thesis. This essay contributes to fill in this gap. It offers a detailed presentation of the second part of Patinkin's Ph.D and claims that this document foreshadowed the research programs of disequilibrium theorists of the 1970's.

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File URL: http://halshs.archives-ouvertes.fr/docs/00/63/68/21/PDF/AdditionalConstraintHOPEJuly2010.pdf
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Bibliographic Info

Paper provided by HAL in its series Working Papers with number halshs-00636821.

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Date of creation: 2010
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Handle: RePEc:hal:wpaper:halshs-00636821

Note: View the original document on HAL open archive server: http://halshs.archives-ouvertes.fr/halshs-00636821
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Related research

Keywords: Patinkin; disequilibrium theory; history of macroeconomics; microfoundations; Keynesian theory.;

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References

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  1. Perry Mehrling, 2002. "Don Patinkin and the origins of postwar monetary orthodoxy," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 9(2), pages 161-185.
  2. William Darity, Jr. & Warren Young, 1995. "IS-LM: An Inquest," History of Political Economy, Duke University Press, vol. 27(1), pages 1-41, Spring.
  3. Mauro Boianovsky, 2002. "Patinkin, the Cowles Commission, and the theory of unemployment and aggregate supply," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 9(2), pages 226-259.
  4. De Vroey, Michel, 1999. "The Marshallian Market and the Walrasian Economy. Two Incompatible Bedfellows," Scottish Journal of Political Economy, Scottish Economic Society, vol. 46(3), pages 319-38, August.
  5. Grandmont, Jean-Michel, 1993. "Temporary general equilibrium theory," Handbook of Mathematical Economics, in: K. J. Arrow & M.D. Intriligator (ed.), Handbook of Mathematical Economics, edition 4, volume 2, chapter 19, pages 879-922 Elsevier.
  6. Davidson, Paul, 1969. "A Keynesian View of Patinkin's Theory of Employment: A Rejoinder," Economic Journal, Royal Economic Society, vol. 79(313), pages 181-82, March.
  7. Amitava Krishna Dutt, 2002. "Aggregate Demand-Aggregate Supply Analysis: A History," History of Political Economy, Duke University Press, vol. 34(2), pages 321-364, Summer.
  8. Axel Leijonhufvud, 1974. "Keynes' Employment Function," History of Political Economy, Duke University Press, vol. 6(2), pages 164-170, Summer.
  9. Goulven Rubin, 2002. "From equilibrium to disequilibrium: the genesis of Don Patinkin's interpretation of the Keynesian theory," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 9(2), pages 205-225.
  10. Roger Backhouse & Mauro Boianovsky, 2005. "Disequilibrium Macroeconomics: An Episode In The Transformation Of Modern Macroeconomics," Anais do XXXIII Encontro Nacional de Economia [Proceedings of the 33th Brazilian Economics Meeting] 012, ANPEC - Associação Nacional dos Centros de Pósgraduação em Economia [Brazilian Association of Graduate Programs in Economics].
  11. Barro, Robert J & Grossman, Herschel I, 1971. "A General Disequilibrium Model of Income and Employment," American Economic Review, American Economic Association, vol. 61(1), pages 82-93, March.
  12. Benassy, Jean-Pascal, 1976. "The Disequilibrium Approach to Monopolistic Price Setting and General Monopolistic Equilibrium," Review of Economic Studies, Wiley Blackwell, vol. 43(1), pages 69-81, February.
  13. E. Roy Weintraub, 1974. "Keynes' Employment Function," History of Political Economy, Duke University Press, vol. 6(2), pages 162-164, Summer.
  14. Roger Backhouse, 2002. "Don Patinkin: interpreter of the Keynesian revolution," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 9(2), pages 186-204.
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Cited by:
  1. Goulven Rubin, 2011. "Oskar Lange and the influence of Walrasian theory during the Keynesian revolution," Working Papers halshs-00817758, HAL.

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