The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

Lindahl, Erik Robert (1891–1960)

  • Otto Steiger
Reference work entry


Erik Lindahl’s writings between 1919 and 1959 covered four major areas. In public finance his pioneering contribution is today known as the ‘Wicksell–Lindahl paradigm of just taxation’. In dynamic analysis he was first to develop the methods of intertemporal equilibrium and temporary equilibrium. In macroeconomics Lindahl anticipated many of the insights of Keynes’s General Theory, and in his discussion of the concepts of income and capital he laid the foundations of the theory of national accounting. His contributions in the four fields have been acknowledged internationally step by step only since the 1950s – in the third area since the 1970s.


Accelerationist hypothesis Aggregate demand and supply Benefit rule Budget balance Capital theory Central banking Davidson, D. Debreu, G. Domar, E. D. European Central Bank European Monetary Union Eurosystem Ex ante and ex post Expectations Financial equilibrium Friedman, M. Frisch, R. A. K. General equilibrium Hansen, B. Hayek, F. A. Hicks, J. R. Imperfect foresight Income International Economic Association Intertemporal equilibrium Kaldor, N. Keynes, J. M. Leijonhufvud, A. Lindahl, E. R. Lundberg, E. F. Monetary equilibrium Monetarist(s) Myrdal, G. Musgrave, R. A. National accounting Normal rate of interest Neumann, J. von Ohlin, B. G. Peacock, A. T. Phelps, E. S. Paradox of saving Perfect foresight Public debts Public expenditure Public finance Public works Quantity theory of money Riksbank Samuelson, P.A. Sequence analysis Stockholm School Stock and flow Swedish Unemployment Committee Taxation Temporary equilibrium Time Total capital Unemployment equilibrium Wicksell–Lindahl paradigm of just taxation Wicksell, J. G. K. 

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© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • Otto Steiger
    • 1
  1. 1.