1,720,993 research outputs found
Piero Sraffa: la storia del pensiero e la teoria economica nelle lezioni di Cambridge
No full textL’attenzione per la storia del pensiero e per la connessione tra sviluppo delle idee e circostanze storiche in cui esso avvenne furono elementi cruciali della svolta teorica del giovane Sraffa. Il ruolo e l’importanza di questo metodo per l’analisi economica costituiscono l’insegnamento che Sraffa impartiva ai suoi studenti di Cambridge nelle prime lezioni del corso di teoria avanzata del valore che tenne dal 1928 al 1931. Questo insegnamento merita ancora attenzione
Hazel Kyrk, The Economics of the Social Relevance of Consumption and John Maynard Keynes' Consumption Function*
No full text
L'analisi del Consumo come fenomeno sociale: Un approccio dimenticato alle determinanti del Consumo.presentato alla Prima Conferenza Nazionale dell Storep a Belgirate, (Novara) Società per la Storia della Economia Politica;
No full textSi considerano le fasi iniziali di un approccio teorico alla analisi del consumo che considera il consumo come un fenomeno essenzialmente sociale: le principali ragioni che determinano la spesa per consumi sono connesse con il fatto che il consumo di determinati beni consente agli individui di identificarsi con determinati gruppi sociali. Di conseguenza gli standard di vita e i livelli di consumo sono tendono ad essere irreversibili e a crescere nel tempo durante il processo di crescita e di accumulazione. In una prima fase, durante gli anni '20 e '30 del ventesimo secolo, alcune donne economiste americane utilizzarono questi principi teorici, originariamente proposti da T: Veblen, per analisi teoriche, empiriche e storiche. In una seconda fase, gli stessi principi furono utilizzati nel noto dibattito degli anni '40 sui contrastanti risultati empirici circa la propensione media e marginale al consumo nel breve e nel lungo periodo. Questo approccio, in questa seconda fase, subì alcune trasformazioni che aprirono la strada ad un suo sostanziale abbandono.
Relative Consumption vs. Permanent Income: the Crisis of the Theory of the Social Significance of Consumption
No full textThe investigation of aggregate consumption underwent a radical change in the USA during the 1940s and 1950s. Principles deriving from the American Institutionalist
tradition attained their greatest popularity in Duesenberry’s formulation just before
they were rapidly abandoned. This paper examines this turning point by comparing
Duesenberry’s relative income hypothesis and Friedman’s permanent income
hypothesis. This also makes it possible to identify a particular feature of
Duesenberry’s analysis—its heterogeneity—which must be taken into consideration
by those seeking a return to Institutionalist principles in the analysis of aggregate
consumption
The Economics of Consumption as a Social Phenomenon: a Neglected Approach to the Analysis of Consumption. presentato, a The Eighth Annual Conference of 'The European Society for the History of Economic Thought Treviso Febbraio 2004
No full textThe paper deals with the early history of a theoretical approach in which consumption is regarded as an essentially social phenomenon and the most important reasons prompting consumption expenditure as connected with the fact that consuming certain goods allows individuals to be identified with specific social groups. Accordingly, it is generally argued that standards of living and consumption expenditure tend to be irreversible and to increase along with the process of growth.In a first phase, covering the 1920ies and 1930ies, some little-known American women economists used in theoretical, empirical and historical analyses these theoretical principles on consumption originally put forward by T. Veblen. In a second phase the same principles were used by well-known economists in the debate of the 1940ies on the empirical results about marginal and average propensities to save. The approach, then, saw some crucial changes that opened up the way to its substantial abandonment
Growth without Normal Capacity Utilization and the Meaning of the Long-Run Saving Ratio
No full textThe ratio of saving to income over a long period is analyzed here in a theoretical context that takes account of the role of aggregate demand in the growth process, and in which it is not assumed that the economy must operate at a normal rate of capacity utilization in the long run. The very notion of the long-run saving rate is therefore redefined with respect to the one found in the literature where normal utilization is assumed. We argue that the long-run saving ratio must be conceived as the result of the interaction of many different influences and can therefore be similar in radically different circumstances and different in similar circumstances with respect both to the incentive to accumulate and to the pattern of saving decisions
- …
