X-Nico

2 unusual facts about Axel Leijonhufvud


Edmond Malinvaud

Malinvaud's main contribution to macroeconomics is represented in his slim 1977 book, Theory of Unemployment Reconsidered which provided a clear and unified reconstruction of dynamic "disequilibrium" macroeconomics; this theory built on previous results of Clower, Leijonhufvud, and "Non-Walrasian" theory.

Robert W. Clower

"The Coordination of Economic Activities: A Keynesian Perspective," with Axel Leijonhufvud, 1975, American Economic Review.



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