Erik Lundberg
Erik Filip Lundberg (born 13 August 1907 in Stockholm; † 14 September 1987) was a Swedish economist and economist. He wrote important works in economic theory.
Life
Lundberg studied with Gustav Cassel and belonged to the so-called Stockholm school. From 1937 he was a member of the Swedish Ministry of Finance subordinate economic institute, he also launched in 1944. During this time he was one of the closest confidants of the Finance Minister Ernst Wigforss and together with this, a political opponent of Gunnar Myrdal, who was Minister of Economic Affairs of Sweden from 1945.
In 1962, he joined, founded by Friedrich Hayek Mont Pelerin Society. Later he became president of the Bank of Sweden and Chairman of the Awards Committee for the donated by the Riksbank Nobel Prize in Economics.
Lundberg lag
The eponymous economic model describes the delayed response ( time-lag ) of the production of consumer goods to a change in consumer spending. These assumptions are based on the premise that entrepreneurs align the production volume for the current period to the sales figures of the previous period.