Series | I libri di Ca’ Foscari
Edited book | Eccellenze cafoscarine nella storia del Dipartimento di Economia
Chapter | Il contributo di La Volpe alla teoria dinamica dell’economia
Il contributo di La Volpe alla teoria dinamica dell’economia
Abstract
The paper presents the dynamic theory proposed by La Volpe in 1936. This analysis has been innovative in many ways: general equilibrium is defined as temporary, the presence and the role of expectations are introduced, the inter-temporal choice of the agents is determined in such a way as to anticipate the life-cycle theory, and some important problems that emerge in the dynamic analysis are addressed. The relevance of La Volpe’s book led Michio Morishima to publish its English translation.
Submitted: June 20, 2022 | Published Nov. 14, 2022 | Language: it
Keywords Temporary equilibrium • Expectations • Dynamic theory • Inter-temporal choice • Life-cycle theory
Copyright © 2022 Aldo Montesano. This is an open-access work distributed under the terms of the Creative Commons Attribution License (CC BY). The use, distribution or reproduction is permitted, provided that the original author(s) and the copyright owner(s) are credited and that the original publication is cited, in accordance with accepted academic practice. The license allows for commercial use. No use, distribution or reproduction is permitted which does not comply with these terms.
Permalink http://doi.org/10.30687/978-88-6969-642-8/006
