References
O. Aukrust, “Prim. I: A Model of the Price and Income Distribution Mechanism of an Open Economy,”Artikler fra Statistik Sentralbyra, 35, 1970.
R. J. Ball and T. Burns, “The Inflationary Mechanism in the U.K. Economy,”The American Economic Review, 66, September 1976.
R. L. Basman,Economica, October 1962, p. 824.
W. Branson and J. Myhrman, “Inflation in Open Economies, Supply-Determined versus Demand-Determined Models,” inInflation in Small Countries, Lecture Notes in Economics and Mathematical Systems, H. Frisch, ed., 119, 1976.
L. Calmfors, “Inflation in Sweden,” inWorldwide Inflation, Theory and Recent Experience, L. B. Klein and W. S. Salant, eds., Brookings, 1977.
Carl F. Christ,Economic Models and Methods, 1967, p. 286f.
G. Edgren, K. O. Faxen and C. E. Odhner, “Wages, Growth and the Distribution of Income,”Swedish Journal of Economics, 1969.
_____,Wage Formation and the Economy, London: G. Allen & Unwin Ltd., 1973.
H. Johnson, “The Monetary Approach to Balance of Payments Theory,” inFurther Essays in Monetary Economics, London: Allen & Unwin Ltd., 1972.
H. Kierzkowski, “Theoretical Foundations of the Scandinavian Model of Inflation,” London School of Economics, Seminar Paper, September 1974.
D. E. W. Laidler and J. M. Parkin, “Inflation: A Survey,”The Economic Journal, 85, December 1975.
E. Lundberg, “Productivity and Structural Change—A Policy Issue in Sweden,”The Economic Journal, Supplement, March 1972.
F. Machlup, “Another View of Cost-push and Demand-pull Inflation,”Review of Economics and Statistics, 42, 1960, inInflation, R. J. Ball and P. Doyle, eds., Penguin, 1969.
G. Maynard and W. van Rijckeghem,A World of Inflation, London: B. T. Batsford, 1976, Chs. 1 and 8.
_____, “Why Inflation Rates Differ: A Critical Examination of the Structural Hypothesis,” inInflation in Small Countries, Lecture Notes in Economics and Mathematical Systems, H. Frisch, ed., 119, Springer-Verlag, 1976.
A. van Poeck, “The Scandinavian Model of Inflation and the Belgian Economy,”Tijdschrift voor Economie en Management, XX, 4, 1975.
J. J. Paunio and H. Halttunen, “The ‘Nordic’ Approach to Inflation: Interpretation and Comments,” inInflation in the World Economy, Parkin and Zis, eds., Manchester, 1976.
Author information
Authors and Affiliations
Additional information
This is a revised version of an earlier paper published in German, “Eine Verallgemeinerung des Skandinavischen Modells der Inflation,” inEmpirica, February 1976, Zeitschrift des Oesterreichischen Instituts fuer Wirtschaftsforschung. In writing this paper I have benefited greatly from reading L. Calmfors inspiring article “Inflation in Sweden” and from the critical comments of M. Goldstein (International Monetary Fund).
Rights and permissions
About this article
Cite this article
Frisch, H. The scandinavin model of inflation: A generalization and empirical evidence. Atlantic Economic Journal 5, 1–14 (1977). https://doi.org/10.1007/BF02299894
Issue Date:
DOI: https://doi.org/10.1007/BF02299894