The Rise and Fall of the Oslo School.

Autor: Eriksen, Ib E., Hanisch, Tore Jørgen, Sæther, Arild
Zdroj: Nordic Journal of Political Economy; Nov2007, Vol. 33, p1-31, 31p
Abstrakt: In 1931 Ragnar Frisch became professor at the University of Oslo. By way of his research, a new study programme and new staff he created the "Oslo School", characterised by mathematical modelling, econometrics, economic planning and scepticism towards the market economy. Consequently, detailed state economic planning and governance dominated Norwegian economic policy for three decades after WWII. In the 1970s the School's dominance came to an end when the belief in competitive markets gained a foothold and the economy had poor performance. As a result a decentralized market economy was reintroduced. However, mathematical modelling and econometrics remain in the core of most economic programmes. [ABSTRACT FROM AUTHOR]
Databáze: Supplemental Index