<abstract xmlns="http://www.w3.org/1999/xhtml"><p>We revisit the Stockholm School of Economics with first principles. The objective is a rendition of a cumulative Myrdal-Wicksell process. To that end, we derive heterogeneous responses of consumers and producers to changes in the state of the world and define a Myrdal-Keynes equilibrium.</p></abstract>

We revisit the Stockholm School of Economics with first principles. The objective is a rendition of a cumulative Myrdal-Wicksell process. To that end, we derive heterogeneous responses of consumers and producers to changes in the state of the world and define a Myrdal-Keynes equilibrium.

The Coordination Problem in the Stockholm School

Journal of Heterodox Economics

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

{"article-title":"The Coordination Problem in the Stockholm School"}

We revisit the Stockholm School of Economics with first principles. The objective is a rendition of a cumulative Myrdal-Wicksell process. To that end, we...

The Coordination Problem in the Stockholm School

Publié en ligne: 17 oct. 2016

Pages: 138 - 150

DOI: https://doi.org/10.1515/jheec-2015-0016

Mots clés
monetary equilibrium, cumulative processes, the coordination problem

© 2015 Romar Correa, published by De Gruyter Open

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

The Coordination Problem in the Stockholm School

Publié en ligne: 17 oct. 2016

Pages: 138 - 150

DOI: https://doi.org/10.1515/jheec-2015-0016

Mots clésmonetary equilibrium, cumulative processes, the coordination problem

© 2015 Romar Correa, published by De Gruyter Open

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Mots clés
monetary equilibrium, cumulative processes, the coordination problem