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The International Seminar on Macroeconomics (ISoM) is an annual conference, which was co-sponsored, during 15 years (1978-1993) by the French EHESS and the NBER. This article uncovers the scientific and institutional dynamics unrolling from this cooperation. The ISoM, we argue, constituted a...
Persistent link: https://www.econbiz.de/10012143472
The International Seminar on Macroeconomics (ISoM) is an annual conference, which was co-sponsored, during 15 years (1978-1993) by the French EHESS and the NBER. This article uncovers the scientific and institutional dynamics unrolling from this cooperation. The ISoM, we argue, constituted a...
Persistent link: https://www.econbiz.de/10012135419
Persistent link: https://www.econbiz.de/10012240953
Persistent link: https://www.econbiz.de/10013463634
This paper studies Patinkin's contribution to the development of IS-LM, mostly Money Interest and Prices (1956), by … comparing it to Modigliani's (1944, 1963). Patinkin's originality, it is claimed, lies in his analyzing the IS-LM model with a … allowed Patinkin to complete, to correct and to clarify the IS-LM model. However, in spite of its superiority, Patinkin …
Persistent link: https://www.econbiz.de/10009353865
This paper intends to explain how was a supporter of Keynes like Don Patinkin led to integrate the Pigou effect, the … arch anti-Keynesian effect, in his theory of involuntary unemployment. The reading of Patinkin's unpublished PhD thesis and … the use of the Don Patinkin Papers from Duke University's archives shed new light on this key episode in the formation of …
Persistent link: https://www.econbiz.de/10005505330
Persistent link: https://www.econbiz.de/10010899492
compatibility vs. incompatibility between Keynesian and Walrasian theories) . The intel lectual context, particularly Don Patinkin …
Persistent link: https://www.econbiz.de/10011602774
Persistent link: https://www.econbiz.de/10010482327
Robert W. Clower's article "A Reconsideration of the Microfoundations of Monetary Theory" (1967) deeply influenced the … course of modern monetary economics. On the one hand, it revealed the deadlocks of Don Patinkin's project to integrate … before and after the 1967 article. Four conclusions are obtained. First, Clower (1967) intended to reorient Patinkin …
Persistent link: https://www.econbiz.de/10011609470