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Lutz and Equilibrium Theories of the Business Cycle

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  • Dal-Pont Legrand, Muriel
  • Hagemann, Muriel Dal-Pont Legrand and Harald

Abstract

La question de l’incorporation des phénomènes cycliques dans un cadre analytique en termes d’équilibre a longtemps été considérée comme une question à la fois fondamentale et controversée jusqu’à ce que, au début des années 1970, Lucas propose une solution à ce dilemme. Différents papiers ont depuis souligné la (dis-)continuité entre les programmes de recherche de l’entre-deux guerre et celui de Lucas. Dans ce débat, la contribution de Lutz a été totalement négligée. L’objectif de ce papier est d’analyser son ouvrage de 1932, Konjunkturproblem in der Nationalökonomie considéré comme une contribution majeure à a théorie des cycles d’équilibre.

Suggested Citation

  • Dal-Pont Legrand, Muriel & Hagemann, Muriel Dal-Pont Legrand and Harald, 2013. "Lutz and Equilibrium Theories of the Business Cycle," OEconomia, Editions NecPlus, vol. 2013(02), pages 241-262, June.
    • Handle: RePEc:nec:oecono:v:2013:y:2013:i:02:p:241-262_01
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    Cited by:

    1. Hagemann Harald, 2019. "Impulses and Propagation Mechanisms in Equilibrium Business Cycles Theories: From Interwar Debates to DSGE “Consensus”," Working Papers halshs-02386344, HAL.
    2. Richard J. Hunter Jr. & Leo V. Ryan & C.S.V., 2015. "Ten Years of Polish Membership in the European Union: An Update and an Appraisal," Quarterly Journal of Business Studies, Research Academy of Social Sciences, vol. 1(4), pages 130-140.
    3. Harald Hagemann, 2024. "Hayek's Austrian Theory of the Business Cycle," GREDEG Working Papers 2024-06, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.

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