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Business cycle analysis was at the centre of attention in economics during Ragnar Frisch's formative years as a young economist. Frisch was concerned about the inability of modern economies to prevent economic fluctuations from playing havoc with the livelihood of millions. After first studying...
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Klein can well be said to have created the field of macroeconometric modeling almost singlehandedly. His international influence started at an early stage. The article offers scattered archive observations on Klein's early years from undergraduate study to the University of Pennsylvania in 1958....
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Cross-national comparisons of industrialized countries indicate that countries with a high defense burden (military spending as a share of GDP) tend to have lower rates of economic growth than do countries with a low defense burden. On the other hand, longitudinal data for several industrial...
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This article relates the events that led to the establishment of the journal Econometrica, with particular emphasis on the role played by Ragnar Frisch. The origin of the name of the journal is explained. The editorial views, style, and habits of Ragnar Frisch as Editor of Econometrica is...
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Ragnar Frisch claimed on various occasions that he had invented the principles of input-output analysis. Frisch and Leontief worked simultaneously on their respective contributions but within different contexts. Frisch's contribution was an attempt to cope with market collapse of the depression...
Persistent link: https://www.econbiz.de/10009223170
The title hints at the attention given to the lack of probability considerations in the econometric work of the recognized pioneer of econometrics, Ragnar Frisch. Clues to a better understanding of his position may be found in his comprehensive archive and correspondence. This essay gives a...
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