Landmark Papers in Economic Fluctuations, Economic Policy and Related Subjects Selected By Lawrence R. Klein

Edited by the late Lawrence R. Klein, former Benjamin Franklin Professor of Economics Emeritus, University of Pennsylvania, US and 1980 Nobel Laureate in Economic Sciences

• Contents:AcknowledgementsPreface Mark BlaugIntroduction Lawrence R. Klein1. A.W. Phillips (1957), ‘Stabilisation Policy and the Time-Forms of Lagged Responses’2. A.W. Philips (1958), ‘The Relation Between Unemployment and the Rate of Change of Money Wage Rates in the United Kingdom, 1861–1957’3. Michal Kalecki (1990), ‘A Macro-dynamic Theory of Business Cycles’4. Michal Kalecki (1990), ‘A Theory of the Business Cycle’5. Evsey D. Domar (1944), ‘The "Burden of the Debt" and the National Income’6. R.F. Harrod (1937), ‘Studies in the Theory of Economic Expansion’7. R.F. Harrod (1939), ‘An Essay in Dynamic Theory’ and ‘Errata’8. Joan Robinson (1933), ‘A Parable on Savings and Investment’9. Joan Robinson (1933), ‘The Theory of Money and the Analysis of Output’10. R.F. Kahn (1931), ‘The Relation of Home Investment to Unemployment’11. J.M. Keynes (1937), ‘The General Theory of Employment’12. R.M. Goodwin (1950), ‘A Non-linear Theory of the Cycle’13. R.M. Goodwin (1951), ‘The Nonlinear Accelerator and the Persistence of Business Cycles’14. Eugen Slutzky (1937), ‘The Summation of Random Causes as the Source of Cyclic Processes’15. Edmond Malinvaud (1969), ‘Capital Accumulation and Efficient Allocation of Resources’16. Leif Johansen (1972), ‘On the Optimal Use of Forecasts in Economic Policy Decisions’17. William Brainard (1967), ‘Uncertainty and the Effectiveness of Policy’18. Leonid Hurwicz (1944), ‘Stochastic Models of Economic Fluctuations’19. Leonid Hurwicz (1946), ‘Theory of the Firm and of Investment’20. J.v. Neumann (1945), ‘A Model of General Economic Equilibrium’21. Jacob Marschak (1947), ‘Economic Structure, Path, Policy, and Prediction’22. N. Kaldor (1940), ‘A Model of the Trade Cycle’23. Nicholas Kaldor (1941), ‘Rationing and the Cost of Living Index’24. Bert G. Hickman, Robert M. Coen and Michael D. Hurd (1975), ‘The Hickman-Coen Annual Growth Model: Structural Characteristics and Policy Responses’25. Knut Wicksell (1907), ‘The Influence of the Rate of Interest on Prices’26. Irving Fisher (1911), ‘"The Equation of Exchange", 1896–1910’27. Irving Fisher (1923), ‘The Business Cycle Largely a "Dance of the Dollar"’28. J.J. Polak (1939), ‘International Propagation of Business Cycles’29. Paul S. Armington (1969), ‘A Theory of Demand for Products Distinguished by Place of Production’30. P.J. Verdoorn (1951), ‘On an Empirical Law Governing the Productivity of Labor’31. P.J. Verdoorn (1956), ‘Complementarity and Long-Range Projections’32. P. de Wolff (1941), ‘Income Elasticity of Demand, a Micro-Economic and a Macro-Economic Interpretation’33. D.G. Champernowne (1953), ‘A Model of Income Distribution’34. William J. Baumol (1952), ‘The Transactions Demand for Cash: An Inventory Theoretic Approach’35. Oskar Lange (1938), ‘The Rate of Interest and the Optimum Propensity to Consume’36. Abba P. Lerner (1943), ‘Functional Finance and the Federal Debt’37. Abba P. Lerner (1944), ‘Interest Theory – Supply and Demand for Loans or Supply and Demand for Cash’38. Paul H. Douglas (1948), ‘Are There Laws of Production?’39. A.B. Atkinson (1997), ‘Bringing Income Distribution in From the Cold’40. Michio Morishima (1960), ‘Economic Expansion and the Interest Rate in Generalized von Neumann Models’Name Index