Scandinavia, Economics in
Scandinavia includes in a narrow sense Denmark, Norway and Sweden, which have similar languages and have strongly influenced one another. Nevertheless, it is possible to distinguish different histories of learning. Danish economists made early contributions to neoclassical distribution theory, econometric analysis and multiplier theory. Like most economists from small-language communities they understood the major European languages but wrote in their domestic languages, which delayed international knowledge about their contributions. In Norway Ragnar Frisch revolutionized economics in the 1930s, but met opposition from colleagues. Swedish economics flourished in the early 20th century with Knut Wicksell and Gustav Cassel and later with the Stockholm School. In recent decades national traits have largely disappeared.
|Date of creation:||15 Sep 2006|
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|Publication status:||Published in The New Palgrave Dictionary of Economics, 2nd edition, Blume, Larry, Durlauf, Steven (eds.), 2008, chapter 0, Palgrave Macmillan.|
|Note:||This article is taken from the author's original manuscript and has not been reviewed or edited. The definitive published version of this extract may be found in the complete New Palgrave Dictionary of Economics in print and online, available at http://www.dictionaryofeconomics.com/dictionary|
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- Siven, Claes-Henric, 1985. " The End of the Stockholm School," Scandinavian Journal of Economics, Wiley Blackwell, vol. 87(4), pages 577-93.
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