About this article
Published Online: Oct 17, 2016
Page range: 138 - 150
DOI: https://doi.org/10.1515/jheec-2015-0016
Keywords
© 2015 Romar Correa, published by De Gruyter Open
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.
We revisit the Stockholm School of Economics with first principles. The objective is a rendition of a cumulative Myrdal-Wicksell process. To that end, we derive heterogeneous responses of consumers and producers to changes in the state of the world and define a Myrdal-Keynes equilibrium.