Edmond Malinvaud, 1923-
Trained at the Ecole Nationale de la Statistique et de l'Administration Economique
(ENSAE) in Paris, the eclectic Malinvaud was, together with Debreu,
a student of France's greatest Walrasian economist, Maurice Allais.
He presently works at the Institut National de la Statistique et des Etudes Economiques
(INSEE) in France. In 1950, Malinvaud left Allais to join the Cowles Commission in the United States.
At Cowles, Malinvaud produced work in many directions. His famous article,
"Capital Accumulation and the Efficient Allocation of Resources" (1953),
incorporated an intertemporal theory of capital into a very natural place in Walrasian general equilibrium theory and helped resolve the
old capital theory conflict between Knight and Hayek (and, in part, kept G.E. immune from the later Cambridge Capital Controversy), as well as
introducing the concept of dynamic efficiency.
He also worked on uncertainty theory, notably the theory of "first order certainty
equivalence" (1969) and the relationship between individual risks and social risks
(1972, 1973). His 1971 microeconomics textbook and his Cowles-inspired econometrics textbook, Statistical Methods in
Econometrics, has since become classics.
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 the
dynamic "disequilibrium" macro theory of Clower, Leijonhufvud and the European "Non-Walrasian"
theory. Malinvaud's influence on the subsequent generation of French economists has
been profound.
Major works of Edmond Malinvaud
- "Note on von Neumann-Morgenstern's Strong Independence Axiom", 1952, Econometrica.
- "Capital Accumulation and the Efficient Allocation of Resources", 1953, Econometrica
- "Aggregation Problems in Input-Output Models", 1954, in Barna, editor, Structural
Interdependence of the Economy
- Initiation a la comptabilite nationale, 1957
- Statistical Methods in Econometrics, 1964
- "Croissances Optimales dans un Modele Macroéconomique", 1965, PASSV.
- "Les Croissances Optimales", 1965, Cahiers du Seminaire d'Econometrie.
- "Decentralized Procedures for Planning", 1967, in Malinvaud and Bacharach,
editors, Activity Analysis of Growth and Planning
- "Decisions en face de l'aleatoire et situation certaine approximativement
equivalente", 1969, Cahiers du Seminaire de las Societe d'Econometrie
- "First Order Certainty Equivalence", 1969, Econometrica
- "Procedures pour la Determination d'un Programme de Consommation Collective",
1971, European ER.
- "A Planning Approach to the Public Goods Problem", 1971, Swedish JE.
- Lectures on Microeconomic Theory, 1972.
- "The Allocation of Individual Risks in Large Markets", 1972, JET
- "Prices for Individual Consumption, Quantity Indicators for Collective
Consumption", 1972, RES
- La croissance francaise, with J.J. carre and P. Dubois, 1972.
- "Market for an Exchange Economy with Individual Risks", 1973, Econometrica
- "The Allocation of Individual Risks in Large Markets", 1974, in Dreze, editor,
Allocation Under Uncertainty.
- Theory of Unemployment Reconsidered, 1977.
- "Une Nouvelle Formulation Generale Pour l'Etude de Certains Fondements
Microeconomiques de la Macroeconomie", with Y.Younes, 1977, Cahiers
du Seminaire d'Econometrie.
- "Some New Concepts for the Microeconomic Foundations of Macroeconomics" with
Y.Younes, 1977, in Harcourt, editor, Microeconomic Foundations
of Macroeconomics.
- "Macroeconomic Rationing of Employment", 1980, in Malinvaud and Fitoussi,
editors, Unemployment in Western Countries.
- Profitability and Unemployment, 1980.
- Théorie Macroéconomique, 2 volumes, 1981- 2.
- Essais sur la theorie du chomage, 1983
- Mass Unemployment, 1984
- "Reflecting on the Theory of Capital and Growth", 1986, Oxford EP
- "The Challenge of Macroeconomic Understanding", 1987, BNLQR.
- Voies de la recherche macroeconomique, 1991
- Equilibre geneeral dans les economies de marche, 1993.
Resources on E. Malinvaud
免責条項、© 2002-2004 Gonçalo L. Fonseca, Leanne Ussher, 山形浩生
