Irving Fisher and modern macroeconomics
Article Abstract:
Irving Fisher was a major influence in modern economics. In the 1920s, Fisher was the most cited author on the subjects of business cycles and money. He was replaced by John Maynard Keynes in the 1940s but his works served as the bases of modern macroeconomics. Examples of such works are 'The Rate of Interest' in 1907 and 'The Theory of Interest' in 1930. The two-period intertemporal-optimization diagram in the two works was used in the development of permanent-income and life-cycle consumption theories.
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
Black-white achievement differences and governmental interventions
Article Abstract:
Government interventions to equalize the education of African American and white students has worked reduce the gap between African American and white scores on the National Assessment of Educational Progress test. Government interventions include school integration and increased funds to disadvantaged schools.
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
Nineteenth-century American feminist economics: from Caroline Dall to Charlotte Perkins Gilman
Article Abstract:
Charlotte Perkins Gilman wrote 'Women and Economics', published in 1898, which has been seen as a key work. Its intellectual lineage is examined in detail.
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: The demand for M1 in a large macroeconomic system: evidence from cointegration analysis
- Abstracts: Dynamic choice and the common ratio effect: an experimental investigation. Does part-whole bias exist? An experimental investigation
- Abstracts: Optimal monetary policy in a world with risky investments and financial intermediaries
- Abstracts: Teaching undergraduate econometrics: a suggestion for fundamental change. Eight reasons why real versus nominal interest rates is the most important concept in macroeconomics principles courses
- Abstracts: Winners and losers in Russia's economic transition. Illegal immigration, border enforcement, and relative wages: evidence from apprehensions at the U.S.-Mexico border