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Leistungserstellung, Kreislaufgleichgewicht und das Geld: Eine Diskussion mit Wolfgang Stützel (1925—1987)

Based on the original version of Stützel's habilitation thesis, a so far neglected issue of circular flow equilibrium is considered: the microeconomic transactions during the production period of the neoclassical model of general equilibrium. The specific equilibrium conditions for the „transactions... Full description

Journal Title: Jahrbücher für Nationalökonomie und Statistik / Journal of Economics and Statistics 1 March 2012, Vol.232(2), pp.177-193
Main Author: Helmstädter, Ernst
Format: Electronic Article Electronic Article
Language: ger
Subjects:
ID: ISSN: 00214027
Link: http://www.jstor.org/stable/23813490
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recordid: jstor_archive_2023813490
title: Leistungserstellung, Kreislaufgleichgewicht und das Geld: Eine Diskussion mit Wolfgang Stützel (1925—1987)
format: Article
creator:
  • Helmstädter, Ernst
subjects:
  • Economics
ispartof: Jahrbücher für Nationalökonomie und Statistik / Journal of Economics and Statistics, 1 March 2012, Vol.232(2), pp.177-193
description: Based on the original version of Stützel's habilitation thesis, a so far neglected issue of circular flow equilibrium is considered: the microeconomic transactions during the production period of the neoclassical model of general equilibrium. The specific equilibrium conditions for the „transactions profiles“ are analyzed given the institutional rules of Fisher's Quantity Equation. The implications for the equilibrium with respect to Stützel's notions of „lock-step with constant steps“ and „buying lead with constant steps“ are also derived.
language: ger
source:
identifier: ISSN: 00214027
fulltext: fulltext
issn:
  • 0021-4027
  • 00214027
url: Link


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titleLeistungserstellung, Kreislaufgleichgewicht und das Geld: Eine Diskussion mit Wolfgang Stützel (1925—1987)
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identifierISSN: 00214027
descriptionBased on the original version of Stützel's habilitation thesis, a so far neglected issue of circular flow equilibrium is considered: the microeconomic transactions during the production period of the neoclassical model of general equilibrium. The specific equilibrium conditions for the „transactions profiles“ are analyzed given the institutional rules of Fisher's Quantity Equation. The implications for the equilibrium with respect to Stützel's notions of „lock-step with constant steps“ and „buying lead with constant steps“ are also derived.
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titleLeistungserstellung, Kreislaufgleichgewicht und das Geld: Eine Diskussion mit Wolfgang Stützel (1925—1987)
descriptionBased on the original version of Stützel's habilitation thesis, a so far neglected issue of circular flow equilibrium is considered: the microeconomic transactions during the production period of the neoclassical model of general equilibrium. The specific equilibrium conditions for the „transactions profiles“ are analyzed given the institutional rules of Fisher's Quantity Equation. The implications for the equilibrium with respect to Stützel's notions of „lock-step with constant steps“ and „buying lead with constant steps“ are also derived.
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abstractBased on the original version of Stützel's habilitation thesis, a so far neglected issue of circular flow equilibrium is considered: the microeconomic transactions during the production period of the neoclassical model of general equilibrium. The specific equilibrium conditions for the „transactions profiles“ are analyzed given the institutional rules of Fisher's Quantity Equation. The implications for the equilibrium with respect to Stützel's notions of „lock-step with constant steps“ and „buying lead with constant steps“ are also derived.
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date2012-03-01