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Binghamton University
A comparative analysis of Keynesian and Swedish theory of economic fluctuations
Abstract
dc:description.abstract<p>The purpose of this study is to examine critically both Keynesian and Swedish theories of economic fluctuations. It is a well known fact that in Sweden K. Wicksell was very skeptical about Say's law. With his skepticism, Wicksell occupied a position close to Keynes' General Theory. However, Wicksell could not present a convincing theory of the existence of general unemployment, because he did not observe the downward rigidity of wages or the Keynesian liquidity trap.</p>
Degree
thesis:*- Name thesis:degree_name
- Doctor of Philosophy (PhD)
- Level thesis:degree_level
- Thesis
- Discipline thesis:degree_discipline
- Economics
- Year
- 1971
Author and committee
dc:creator, dc:contributor.*- Author dc:creator
-
- Minabe, Shigeo
Identifiers
dc:identifier.*- Repository record dc:identifier
- https://orb.binghamton.edu/dissertation_and_theses/112
- OAI identifier oai:identifier
- oai:orb.binghamton.edu:dissertation_and_theses-1118