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Roy Harrod and the Oxford Economists' Research Group's Inquiry on Prices and Interest, 1936-39

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  • Besomi, Daniele

Abstract

In 1936-39, a group of Oxford tutors inquired, by means of interviews with entrepreneurs, on price policy and investment decisions. A chronology of the inquiry is outlined, based on the surviving documents found in various archives, focusing on the choice of the subject, on the attempts to provide a theoretical interpretation of the phenomena that were discovered, and on the publication of the results. The role of Roy Harrod is highlighted: it is assessed how far his theoretical approach to the cycle influenced the inquiry and to what extent he modified his view as a consequence of the group's findings. Copyright 1998 by Royal Economic Society.

Suggested Citation

  • Besomi, Daniele, 1998. "Roy Harrod and the Oxford Economists' Research Group's Inquiry on Prices and Interest, 1936-39," Oxford Economic Papers, Oxford University Press, vol. 50(4), pages 534-562, October.
    • Handle: RePEc:oup:oxecpp:v:50:y:1998:i:4:p:534-62
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    Cited by:

    1. Steve Keen, 2013. "Predicting the ‘Global Financial Crisis’: Post-Keynesian Macroeconomics," The Economic Record, The Economic Society of Australia, vol. 89(285), pages 228-254, June.
    2. Lise Arena & Rani Dang, 2015. "Organizational Creativity versus Vested Interests: The Role of Academic Entrepreneurs in the Emergence of Management Education at Oxbridge," GREDEG Working Papers 2015-22, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
    3. Tom Rosewall & Kevin Lane, 2015. "Firms' Investment Decisions and Interest Rates," RBA Bulletin (Print copy discontinued), Reserve Bank of Australia, pages 01-08, June.

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