I libri di Ca’ Foscari

Il contributo di La Volpe alla teoria dinamica dell’economia

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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 intertemporal 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.


Open access

Pubblicato 23 Ottobre 2018 | Lingua: it

Keywords Dynamic theoryLife-cycle theoryIntertemporal choiceExpectationsTemporary equilibrium


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