IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-1-349-01212-1_6.html
   My bibliography  Save this book chapter

Samuelson and Modigliani: The Unseemly Paradox

In: Rate of Profit, Distribution and Growth: Two Views

Author

Listed:
  • J. A. Kregel

    (University of Bristol)

Abstract

The last system to be analysed in this section of neoclassical models of growth will be the tour de force prepared by Paul Samuelson and Franco Modigliani1 in reaction to a limited growth model put forward by Luigi Pasinetti.2 The paper’s more technical treatment of the Pasinetti model will be dealt with only briefly at this stage as the formal presentation of Pasinetti’s system will not appear until Chapter 10. More important than the criticism, however, is the neoclassical model that Samuelson and Modigliani formulate in their paper. It will be outlined and its claims analysed on its own merit as a neoclassical model of economic growth.

Suggested Citation

  • J. A. Kregel, 1971. "Samuelson and Modigliani: The Unseemly Paradox," Palgrave Macmillan Books, in: Rate of Profit, Distribution and Growth: Two Views, chapter 6, pages 87-95, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-01212-1_6
    DOI: 10.1007/978-1-349-01212-1_6
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-1-349-01212-1_6. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.