Analytical Foundations of Erik Lindahl's Monetary Analysis, 1924-30
AbstractAn 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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Bibliographic InfoPaper provided by Stockholm University, Department of Economics in its series Research Papers in Economics with number 2000:14.
Length: 41 pages
Date of creation: 15 Dec 2000
Date of revision:
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Postal: Department of Economics, Stockholm, S-106 91 Stockholm, Sweden
Phone: +46 8 16 20 00
Fax: +46 8 16 14 25
Web page: http://www.ne.su.se/
More information through EDIRC
Economic history; Monetary Theory; Wicksell; Lindahl;
Find related papers by 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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