IDEAS home Printed from https://ideas.repec.org/p/hhs/sunrpe/2011_0020.html
   My bibliography  Save this paper

Formalizing a new approach to economic policy - Bent Hansen, Gösta Rehn and the Swedish model

Author

Listed:

Abstract

In the early postwar years, two trade-union economists, Gösta Rehn and Rudolf Meidner, presented a Swedish alternative to Keynesianism. The so-called Rehn- Meidner model recommends restrictive macroeconomic policies, labor market policy programs and solidarity wages to combine price stability with economic growth, equity and full employment. In the 1950s, Bent Hansen evaluated the effects of the Rehn-Meidner policy and the validity of its underpinning theory. Hansen’s rigor analysis shall not conceal that, even together with Rehn, he was unable to shed light on the positive relationship between average profits and labor scarcity in the Rehn-Meidner model or all relations between its policy means.

Suggested Citation

  • Erixon, Lennart, 2011. "Formalizing a new approach to economic policy - Bent Hansen, Gösta Rehn and the Swedish model," Research Papers in Economics 2011:20, Stockholm University, Department of Economics.
    • Handle: RePEc:hhs:sunrpe:2011_0020
    as

    Download full text from publisher

    File URL: http://www2.ne.su.se/paper/wp11_20.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Anonymous, 1957. "Economic and Social Council," International Organization, Cambridge University Press, vol. 11(3), pages 505-511, July.
    2. Anonymous, 1957. "Economic and Social Council," International Organization, Cambridge University Press, vol. 11(1), pages 121-131, January.
    3. Anonymous, 1953. "Economic and Social Council," International Organization, Cambridge University Press, vol. 7(4), pages 531-540, November.
    4. Anonymous, 1953. "Economic and Social Council," International Organization, Cambridge University Press, vol. 7(3), pages 386-399, August.
    5. Anonymous, 1957. "Economic and Social Council," International Organization, Cambridge University Press, vol. 11(4), pages 662-667, October.
    6. Anonymous, 1957. "Economic and Social Council," International Organization, Cambridge University Press, vol. 11(2), pages 373-381, April.
    7. Anonymous, 1953. "Economic and Social Council," International Organization, Cambridge University Press, vol. 7(2), pages 258-266, May.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Eloi Laurent & Jacques Le Cacheux, 2006. "Integrity and Efficiency in the EU: The Case against the European economic constitution," Working Papers hal-00972707, HAL.
    2. A D H Crook, 1986. "Privatisation of Housing and the Impact of the Conservative Government's Initiatives on Low-Cost Homeownership and Private Renting between 1979 and 1984 in England and Wales: 1. The Privatisation Poli," Environment and Planning A, , vol. 18(5), pages 639-659, May.
    3. Eloi Laurent & Jacques Le Cacheux, 2007. "What (Economic) Constitution Does the EU Need ?," SciencePo Working papers Main hal-00972757, HAL.
    4. repec:spo:wpecon:info:hdl:2441/3531 is not listed on IDEAS
    5. repec:hal:spmain:info:hdl:2441/3531 is not listed on IDEAS
    6. repec:hal:spmain:info:hdl:2441/2281 is not listed on IDEAS
    7. repec:hal:wpspec:info:hdl:2441/3531 is not listed on IDEAS
    8. Deborah J Schofield & Melanie J B Zeppel & Owen Tan & Sharyn Lymer & Michelle M Cunich & Rupendra N Shrestha, 2018. "A Brief, Global History of Microsimulation Models in Health: Past Applications, Lessons Learned and Future Directions," International Journal of Microsimulation, International Microsimulation Association, vol. 11(1), pages 97-142.
    9. repec:hal:wpspec:info:hdl:2441/2281 is not listed on IDEAS
    10. repec:spo:wpecon:info:hdl:2441/2281 is not listed on IDEAS
    11. Yuan, Xueliang & Zuo, Jian, 2011. "Transition to low carbon energy policies in China--from the Five-Year Plan perspective," Energy Policy, Elsevier, vol. 39(6), pages 3855-3859, June.
    12. Navío-Marco, Julio & Arévalo-Aguirre, Adrian & Pérez-Leal, Raquel, 2018. "WiFi4EU: Techno-economic analysis of a key European Commission initiative for public connectivity," 29th European Regional ITS Conference, Trento 2018 184973, International Telecommunications Society (ITS).

    More about this item

    Keywords

    Swedish model; Rehn-Meidner model; unemployment; inflation; wage policy of solidarity;
    All these keywords.

    JEL classification:

    • B13 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Neoclassical through 1925 (Austrian, Marshallian, Walrasian, Wicksellian)
    • B14 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Socialist; Marxist
    • B15 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Historical; Institutional; Evolutionary
    • B16 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Quantitative and Mathematical
    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hhs:sunrpe:2011_0020. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Anne Jensen (email available below). General contact details of provider: https://edirc.repec.org/data/neisuse.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.