James Tobin and Growth Theory
Financial Factors and Long-Run Growth
Bibliographic Data
| ID | 4297989 |
|---|---|
| Authors | Robert W Dimand (0000-0001-8304-5148), Steven N Durlauf (0000-0001-8699-7056) |
| Year | 2009 |
| Volume | 41 |
| Issue | Suppl_1 |
| Pages | 182-199 |
| Publication date | 2009-12-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | History of Political Economy (JOURNAL) |
| Journal identifiers | ISSN: 0018-2702 • E-ISSN: 1527-1919 |
| Publisher | Duke University Press (PUBLISHER • US) |
| DOI | 10.1215/00182702-2009-023 |
| OpenAlex | W2013760860 |
| Language | EN |
| References cited | 38 |
Although Tobin 1955 was one of the founding papers of the neoclassical one-sector growth model with smooth substitution between capital and labor, James Tobin's contributions to long-run growth theory throughout his career stood apart from other neoclassical growth models because of his emphasis on portfolio substitution between money and capital as a possible source of the non-neutrality of money even in the long run. This paper examines Tobin's contributions to growth theory over more than four decades and the relationship of his work to the evolution of modern growth economics
Capital (architecture · Capital accumulation · Economics · Financial economics · Growth theory · Keynesian economics · Macroeconomics · Modern portfolio theory · Monetary economics · Neoclassical economics · Neutrality · Portfolio · Substitution (logic · Tobin's q · Work (physics · Economic Growth and Productivity · Economic theories and models · Economic Theory and Policy · Law
Essays in the Theory of Economic Growth
Chapter 8 Growth Econometrics
What have we learned from a decade of empirical research on growth? Growth Empirics and Reality
The General Theory of Employment, Interest and Money.
Money and Economic Growth
Applying Growth Theory across Countries
Economie et Interet
An Essay in Dynamic Theory
Technical Change and the Aggregate Production Function
Alternative Theories of Distribution
The Welfare Cost of Permanent Inflation and Optimal Short-Run Economic Policy
Notes on Optimal Monetary Growth
A Dynamic Aggregative Model
Inflation and Real Interest
Economic Growth and Capital Accumulation
Capital Expansion, Rate of Growth, and Employment
World Finance and Economic Stability
Money and Capacity Growth
Essays in Monetary Economics
James Tobin
Are Any Growth Theories Robust
The Theory of Economic Growth
Monetary and Fiscal Policy in a Growing Economy
An Essay in Dynamic Theory
A Contribution to the Theory of Economic Growth
James Tobin and the Transformation of the IS-LM Model
| Citation velocity | historical |
|---|---|
| Highly cited | No |