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Inflation, Institutions and Information - Essays in Honour of Axel Leijonhufvud (Paperback, 1st ed. 1996)
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Inflation, Institutions and Information - Essays in Honour of Axel Leijonhufvud (Paperback, 1st ed. 1996)
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Macroeconomics has undergone profound changes since the Keynesian
consensus broke down in the mid-60s. Axel Leijonhufvud belonged to
that core group of distinguished macroeconomists who wrought the
changes that brought back the classical questions to the subject:
microfoundations, money, markets, institutions, information,
transition dynamics and much else. He fashioned a whole series of
conceptual innovations that have become part of the folklore of
monetary macroeconomics. In this collection of essays distinguished
colleagues and former students pay homage to this gentle
intellectual giant. Issues that have featured at the centre of Axel
Leijonhufvud's research for over 30 years are discussed by the
contributors. History of thought, philosophy of science and
transition dynamics in addition to the more central issues of
money, inflation, monetary regimes, information, institutions,
microfoundations, increasing returns and stabilizing speculation
are some of the central topics discussed, empirically and
theoretically, in these essays.
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