Scandinavian Working Papers in Economics

Working Papers in Economics,
University of Gothenburg, Department of Economics

No 227: Scandinavia, Economics in

Niels Kærgård (), Bo Sandelin () and Arild Sæther ()
Additional contact information
Niels Kærgård: KVL , The Royal Veterinary and Agricultural University, Postal: DK 1870 Frederiksberg C, Denmark
Bo Sandelin: Department of Economics, School of Business, Economics and Law, Göteborg University, Postal: Box 640, SE 405 30 GÖTEBORG
Arild Sæther: Agder University College, Postal: Servicebox 422, 4604 Kristiansand, Norway

Abstract: Scandinavia includes in a narrow sense Denmark, Norway and Sweden, which have similar languages and have strongly influenced one another. Nevertheless, it is possible to distinguish different histories of learning. Danish economists made early contributions to neoclassical distribution theory, econometric analysis and multiplier theory. Like most economists from small-language communities they understood the major European languages but wrote in their domestic languages, which delayed international knowledge about their contributions. In Norway Ragnar Frisch revolutionized economics in the 1930s, but met opposition from colleagues. Swedish economics flourished in the early 20th century with Knut Wicksell and Gustav Cassel and later with the Stockholm School. In recent decades national traits have largely disappeared.

Keywords: Oslo School; Stockholm School; history of economics

JEL-codes: B00

15 pages, September 15, 2006

Note: This article is taken from the author's original manuscript and has not been reviewed or edited. The definitive published version of this extract may be found in the complete New Palgrave Dictionary of Economics in print and online, available at http://www.dictionaryofeconomics.com/dictionary

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