Macroeconomic Instability and Coordination

Axel Leijonhufvud

in Books from Edward Elgar Publishing

Abstract: 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.

Keywords: Economics and Finance (search for similar items in EconPapers)
JEL-codes: B0 (search for similar items in EconPapers)
Date: 2000
ISBN: 9781852789671
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Citations: View citations in EconPapers (37)

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Chapters in this book:

Ch 1 What would Keynes have thought of rational expectations?

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Ch 2 Keynesian economics: past confusions, future prospects

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Ch 3 Keynesianism, Monetarism and rational expectations: some reflections and conjectures

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Ch 4 What was the matter with IS-LM?

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Ch 5 Hicks on time and money

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Ch 6 Monetary policy and the business cycle under 'loose' convertibility

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Ch 7 Theories of stagflation

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Ch 8 Inflation and economic performance

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Ch 9 Constitutional constraints on the monetary powers of government

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Ch 10 On the use of currency reform in inflation stabilization

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Ch 11 High inflations and contemporary monetary theory

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Ch 12 Notes on the theory of markets

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Ch 13 Capitalism and the factory system

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Ch 14 Information costs and the division of labor

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Ch 15 Inflation and reform in the USSR

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Ch 16 Problems of socialist transformation: Kazakhstan 1991

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Ch 17 The nature of the depression in the former Soviet Union

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Ch 18 Ideology and analysis in macroeconomics

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Ch 19 Time in theory and history, or why I am not a historian

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