Macroeconomic Instability and Coordination

Selected Essays of Axel Leijonhufvud

Axel Leijonhufvud (Autor)

Buch | Hardcover

392 Seiten

2000
Edward Elgar Publishing Ltd (Verlag)
978-1-85278-967-1 (ISBN)

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Axel Leijonhufvud has made a unique contribution to the development of macroeconomic theory. This volume draws together his insightful essays dealing with the extremes of economic instability: great depressions, high inflation and the transition from socialism to a market economy. In several of the papers, Leijonhufvud brings a neo-institutionalist perspective to the problems of coordination in economic systems.The papers within Macroeconomic Instability and Coordination some of them already considered classics, deal with the questions that dominated Leijonhufvud's interest throughout his career as an economist: what are the limits to an economy's capacity to coordinate the activities of its members? How does the behavior of the system change under extreme conditions? In what ways does its performance depend upon the institutions that govern the market process?

This book presents in one volume several of Axel Leijonhufvud's most important contributions to macroeconomic theory and monetary economics. It will be invaluable to monetary and financial economists as well as to historians of economic thought.

The late Axel Leijonhufvud, formerly Professor of Economics, University of California, Los Angeles, US and former Professor of Monetary Economics, University of Trento, Italy

Contents: Preface Part I: Keynesianism, Monetarism and Rational Expectations Part II: Monetary Regimes and Inflation Part III: Markets, Firms and the Division of Labor Part IV: Problems of Socialist Transformation Part V: Reflections Bibliography Index

Erscheint lt. Verlag	20.12.2000
Reihe/Serie	Economists of the Twentieth Century series
Verlagsort	Cheltenham
Sprache	englisch
Maße	156 x 234 mm
Themenwelt	Wirtschaft ► Volkswirtschaftslehre ► Makroökonomie
Themenwelt	Wirtschaft ► Volkswirtschaftslehre ► Mikroökonomie
ISBN-10	1-85278-967-0 / 1852789670
ISBN-13	978-1-85278-967-1 / 9781852789671
Zustand	Neuware