Analiza historyczna w ekonomii instytucjonalnej oraz w ekonomii głównego nurtu w kontekście trudności z wyjaśnieniem cyklu koniunkturalnego

• Autorzy: Barbara Polszakiewicz

Warianty tytułu

Historical Analysis in Institutional Economics and in Mainstream Economics in the Context of Difficulties in Explaining the Business Cycle

• Języki publikacji: PL

Abstrakty

W artykule przedstawione zostały teoretyczno-metodologiczne sugestie skierowane na przezwyciężenie obecnego impasu w wyjaśnianiu mechanizmu cyklu koniunkturalnego. Z jednej strony podjęto próbę sformułowania uniwersalnej definicji cyklu, a z drugiej, wykorzystano analizę historyczną przy jego identyfikacji w okresie po II wojnie światowej w dwóch ważnych gospodarkach: Stanów Zjednoczonych oraz Republiki Federalnej Niemiec. (abstrakt oryginalny)

EN

The ambition of the mainstream economy in all its forms was the creation of a theory possessing the value of universalism. This forced far-reaching simplifications in subsequent theoretical systems, above all in terms of a broadly perceived institutional environment. Simultaneously, in this way a possibility opened to build logically coherent theoretical systems in advanced isolation from the historical analysis of the explained phenomena and processes. Institutional economists consider explanation of economic processes without their institutional context a fallacy, and therefore unacceptable. This lends a high rank to the historical analysis, because the system of institutions is always unique in time and space. A business cycle is an example of a group of phenomena serving exceptionally well to illustrate the consequences of the different roles attributed to the historical analysis for its explanations. This group of phenomena has a long history, and numerous attempts had been made to interpret it theoretically until a de facto state of helplessness by the contemporary mainstream economics (both in its classical and Keynesian versions) was announced in this regard. Within the framework of the institutional economy, after a period of a large-scale research cycle, mainly associated with the name of the American institutionalist, W.C. Mitchell, there are now no signs of interest in their continuation. However, under the influence of an initial research effort, the practice of economic research carried out by the National Bureau of Economic Research in New York has remained to this day. The article presents theoretical and methodological suggestions aimed at overcoming the current impasse in explaining the mechanism of the business cycle. On the one hand an attempt was made to formulate a universal definition of the cycle and, on the other, a historical analysis was used for its identification after World War II in the two major economies. (original abstract)

Słowa kluczowe

PL

Ekonomia instytucjonalna; Cykl koniunkturalny; Teoria ekonomii

EN

Institutional economics; Business cycles; Economic theory

• Czasopismo: Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu. Ekonomia
• Rocznik: 2009
• Tom: 3
• Numer: nr 74 Mikroekonomia i ekonomia instytucjonalna
• Strony: 159--171

Twórcy

autor

Barbara Polszakiewicz

• Uniwersytet Mikołaja Kopernika w Toruniu

Bibliografia

• Aghion P., Hewitt P., On macroeconomic effects of major technological change, [w:] E. Helman (ed.), General Purpose Technologies and Economic Growth, The MIT Press, Cambridge (MA) 1998.
• Benhabib J., Rogerson R., Wright R., Homework in macroeconomics I: Basic theory; Homework in macroeconomics II: Aggregate fluctuations, NBER Working Paper no. 3344, Cambridge (MA) 1990.
• Blaug M., Metodologia ekonomii, PWN, Warszawa 1995.
• Burns A.F., Mitchell W.C., Business Cycles, NBER, New York 1945.
• Burns A.F., Mitchell W.C. Measuring business cycles, "Studies in Business Cycles" 1947, no. 2.
• DeJong D., Ingram B., Wen Y., Whiteman C., Cyclical Implications of the Variable Utilization of Physical and Human Capital, University of Pittsburgh Working Paper, Pittsburgh 1996.
• Eckstein O., The Great Recession. With Postscript on Stagflation, Amsterdam - New York - Oxford 1978.
• Economic Report of the President Transmitted to the Congress, Washington 1979.
• Estey J.E. Cykle koniunkturalne, PWG, Warszawa 1959.
• Greenwald B.C., Stigliz J.E. New and old keynesians, "Journal of Economic Perspectives" 1993, Winter.
• Kydland F., Prescott E., Time to build and aggregate fluctuations, "Econometrica" 1982, vol. 50.
• Landreth H., Colander D.C., Historia myśli ekonomicznej, Wydawnictwo Naukowe PWN, Warszawa 2005.
• Mankiw N.G., Romer D., New Keynesian Economics, The MIT Press, Cambridge (MA) 1991.
• Mankiw N.G., Taylor M.P., Economics, Thomson Learning, Australia - Canada 2006.
• Mitchell W.C., Business Cycles. The Problem and Its Setting, NBER, New York 1927.
• Polszakiewicz B., Podstawowe prawidłowości cyklicznego rozwoju gospodarki kapitalistycznej, PWN, Warszawa 1989.
• Prescott E., Theory ahead of business-cycle measurement, "Federal Reserve Bank of Minneapolis Quarterly Review" 1986, vol. 10.
• Reading S., The low-skill, low-quality trap: strategic complementarities between human capital and R&D, "The Economic Journal" 1996, vol. 106.
• Siebert R., Multiproduct Competition, Learning-by-doing and Price-Cost Margins over the Product Life Cycle: Evidence from the DRAM Industry, Discussion Paper, Wissenschaftszentrum, Berlin 1999.