The Economic Dynamics in Amoroso's Contribution

Cristina Nardi Spiller () and Mario Pomini ()
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Cristina Nardi Spiller: Dipartimento di Scienze economiche (Università di Verona)
Mario Pomini: Università di Padova

No 32/2006, Working Papers from University of Verona, Department of Economics

Abstract: This paper aims to highlight the main features of Amoroso's reflections on macroeconomic dynamics to which he dedicated a large part of his scientific activity. He developed an original theory of business cycle and he formulated a dynamic generalisation of the Paretian theory of general economic equilibrium which can be considered the main achievement of dynamic macroeconomics due to its ability to extend the analysis of optimising behaviour to an intertemporal context of resource allocation. The influence of Amoroso was modest despite its undoubted analytical capacity, probably because it was too faithful to a Paretian vision of economic relations and at epistemological level too closely connected to the models of nineteenth century physics which he tried to economic reasoning

Keywords: business cycles; growth; dynamic theory (search for similar items in EconPapers)
JEL-codes: N1 O10 (search for similar items in EconPapers)
Pages: 23
Date: 2006-01
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Published in Il Pensiero Economico Moderno (La dinamica dello sviluppo economico nell'approccio di Amoroso)

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