 Johan Åkerman vs. Ragnar Frisch on Quantitative Business Cycle AnalysisMauro Boianovsky and Hans-Michael Trautwein The European Journal of the History of Economic Thought, 2007, vol. 14, issue 3, 487-517 Abstract: The article provides an account of the debate that took place between the late 1920s and the mid 1930s between the Scandinavian economists Johan Åkerman and Ragnar Frisch about the quantitative treatment of aggregate economic fluctuations. Although both interpreted the business cycle as an interference phenomenon between waves of different order, they disagreed on how to model its generation mechanism. Åkerman's emphasis on seasonal changes in his path-breaking application of harmonic analysis to economic fluctuations was rejected by Frisch, who instead suggested the explanation of business cycles as free oscillations determined by impulse and propagation mechanisms. Keywords: Åkerman; Frisch; harmonic analysis; seasonal changes; interference phenomenon; impulse and propagation mechanisms; business cycles (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:taf:eujhet:v:14:y:2007:i:3:p:487-517 Ordering information: This journal article can be ordered from DOI: 10.1080/09672560701570369 Access Statistics for this article The European Journal of the History of Economic Thought is currently edited by José Luís Cardoso More articles in The European Journal of the History of Economic Thought from Taylor & Francis Journals |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.