Anundsen, André K.; Nymoen, Ragnar; Krogh, Tord S.; … - In: Nordic Journal of Political Economy 37 (2012), pp. 2-2
Haavelmo’s “A study in the theory of investment” from 1960 is a tour de force in macroeconomic theorising. His later offerings in this area are less known outside Norway. In this paper, we present his models of business cycles (crises) and inflation dynamics. The business cycle model...