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Analytical Foundations of Erik Lindahl's Monetary Analysis, 1924-30

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An overview is first given of Erik Lindahl's works during the 1920s: Aims of Monetary Policy, "The Place of Capital in the Theory of Price", "On the Relationship between the Quantity of Money and the Price Level" and Means of Monetary Policy. After that the origin of ideas and Lindahl's analytical contributions to monetary analysis during the 1920s is discussed from the following perspectives: the formualtion of a norm for monetary policy, type of equilibrium analysis, fundamental equations and microeconomic foundations, capital theory and intertemporal analysis, assumptions about the monetary system, the stability problem and the uniqueness of the price level.

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  • Siven, Claes-Henric, 2000. "Analytical Foundations of Erik Lindahl's Monetary Analysis, 1924-30," Research Papers in Economics 2000:14, Stockholm University, Department of Economics.
    • Handle: RePEc:hhs:sunrpe:2000_0014
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    More about this item

    Keywords

    Economic history; Monetary Theory; Wicksell; Lindahl;
    All these keywords.

    JEL classification:

    • B22 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Macroeconomics
    • E40 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - General

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