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In the mid 1980s there was a remarkable revival of interest in growth theory and once again this became a very active area of macroeconomic research. A relevant strand of this approach is characterized by the departure from the usual assumption of diminishing returns of capital or, more...
Persistent link: https://www.econbiz.de/10005505417
This paper aims to highlight the main features of Amoroso's reflections on macroeconomic dynamics to which he dedicated a large part of his scientific activity. He developed an original theory of business cycle and he formulated a dynamic generalisation of the Paretian theory of general economic...
Persistent link: https://www.econbiz.de/10011265773
The period between the two World Wars was characterized by theoretical pluralism and the proliferation of research programs in economic dynamics. In this article, we consider the mathematical approach to building dynamic economics developed in the us in the twenties and in Italy in the following...
Persistent link: https://www.econbiz.de/10010798983
The Paretian tradition has been one of the most important research strands in the interwar period in Italy. It included a small but strong group of economists, among them the notable Luigi Amoroso and Giulio La Volpe. The more ambitious project carried out by the Paretians was the dynamization...
Persistent link: https://www.econbiz.de/10010903064
<title>Abstract</title> The profound crisis which occurred in economic theory in the period between the two wars forced the neoclassical economists to look in different directions. One of them was the corporate economic theory -- understood as a theory which asserted the fundamental role of the state in...
Persistent link: https://www.econbiz.de/10010975881
This engaging book contains a set of original contributions to the much-debated issues of long-run economic growth in relation to institutional and social progress.
Persistent link: https://www.econbiz.de/10011177375
This engaging book contains a set of original contributions to the much-debated issues of long-run economic growth in relation to institutional and social progress.
Persistent link: https://www.econbiz.de/10011180822
In the 1950s Shackle contributed a number of important articles to Metroeconomica, a new economic journal founded by Eraldo <link rid="b1001">Fossati in 1949</link> and published in Trieste (Italy). The journal gave considerable prominence to Shackle's theory of decision under uncertainty through publication of many...
Persistent link: https://www.econbiz.de/10005659064
Persistent link: https://www.econbiz.de/10005598540
The paper examines the theoretical contributions of two eminent representatives of the Italian Paretian School, namely Luigi Amoroso and Giulio La Volpe. Both contributed to the most ambitious project undertaken by the Paretian School, that is, dynamization of the general economic equilibrium....
Persistent link: https://www.econbiz.de/10005786757