Harrod 1939

• Published in: The Economic journal (London) Vol. 125; no. 583; pp. 350 - 377
• Main Authors: Blume, Lawrence E., Sargent, Thomas J.
• Format: Journal Article
• Language: English
• Published: Oxford Blackwell Publishing Ltd 01.03.2015; John Wiley & Sons Ltd; Oxford University Press
• Subjects: Distribution; Dynamics; Economic growth; Economic theory; Economists; Graduates; Growth models; Harrod, Roy; Keynesian theory; Macroeconomics; Studies

Harrod's 1939 'Essay in Dynamic Theory' is celebrated as one of the foundational papers in the modern theory of economic growth. Linked eternally to Evsey Domar, he appears in the undergraduate and graduate macroeconomics curricula, and his 'fundamental equation' appears as...