X-Nico

2 unusual facts about Wicksell effect


Allyn Abbott Young

I tested him by means of a question about the "Wicksell effect", i.e. the special aspects of the marginal productivity of capital, which at that time was practically unknown in most countries outside of Scandinavia.

Wicksell effect

The term itself was introduced by Uhr (1951) and its importance noted by both Joan Robinson (1956) and Trevor Swan (1956).



see also