Please use this identifier to cite or link to this item: http://hdl.handle.net/1959.14/139924
152 Visitors
171 Hits
0 Downloads
- Title
- Fisher's separation theorem : it's role in the impatience and opportunity theory of interest
- Related
- Higher Degree Research Expo (6th : 2010) (19 November 2010 : Sydney)
- Related
- Expo 2010 Higher Degree Research : book of abstracts, p.80-81
- Related
- http://www.businessandeconomics.mq.edu.au/research_expo/website_administration/2010_expo_presenter_profiles2/toomas_truuvert
- Publisher
- North Ryde, N.S.W : Faculty of Business and Economics, Macquarie University
- Date
- 2010
- FoR/RFCD Code(s)
-
140101 History of Economic Thought
150201 Finance
- Author/Creator
- Truuvert, Toomas
- Description
- Purpose: Review role of Fisher’s Separation Theorem in its historical context. Originality: Investigate a shift in pattern of economic thinking on determinants of the rate of interest. Key Literature/Theoretical Perspective: The evaluation is conducted against the backdrop of a conceptually intriguing series of events, spanning and surrounding publication of Fisher’s works The Rate of Interest (1907) and The Theory of Interest (1930). Approach: Historiography, or Historical Method - and more precisely, Historical Reconstruction [McCloskey (1976), Tuchman (1994)]. Analytical techniques applied to published and archival materials include Contextual Analysis [Marcuzzo (2008), Stigler (1965)] and the impact of language – especially myth, plot-structure, cultural endowment [Dolfsma & Welch (2009)], and metaphor [Klamer & Leonard (1994)]. Findings: Arguably, study of archival materials can provide insights into motivations and intentions that underpinned theory conception and development; much like adjusting image resolution - to bring into focus an object - where at first, only contours are visible [Marton & Booth (1997)]. Research Limitations/Implications: The data is text. Findings are interpretive truths. Practical and Social implications: Knowledge about episodes in the history of economic thought literature - especially instances where a series of events shifts a pattern of thinking - is essential for studying the mechanics of conceptual novelty. Thereby, illuminating patterns that we may anticipate in past, present, and future economic thought.
- Description
- 2 page(s)
- Subject Keyword
- 140101 History of Economic Thought
- Subject Keyword
- 150201 Finance
- Subject Keyword
- History of Economic Thought
- Subject Keyword
- Paradigm Shift
- Subject Keyword
- Fisher's Separation Theorem
- Subject Keyword
- Historiography
- Subject Keyword
- Historical Reconstruction - Contextual Approach
- Resource Type
- conference paper abstract
- Organisation
- Macquarie University. Dept. of Accounting and Finance
- Identifier
- http://hdl.handle.net/1959.14/139924
- Identifier
- ISSN:1837-9214
- Identifier
- mq-rm-2010001089
- Language
- eng
List Of Titles
