HOME





Axel Leijonhufvud
Axel Leijonhufvud (6 September 1933 – 2 May 2022)
of the original.
was a Swedish and professor at the (UCLA), and professor at the University of Trento,

picture info

Disequilibrium Macroeconomics
Disequilibrium macroeconomics is a tradition of research centered on the role of deviation from equilibrium in economics. This approach is also known as non-Walrasian theory, equilibrium with rationing, the non-market clearing approach, and non-tâtonnement theory. Early work in the area was done by Don Patinkin, Robert W. Clower, and Axel Leijonhufvud. Their work was formalized into general disequilibrium models, which were very influential in the 1970s. American economists had mostly abandoned these models by the late 1970s, but French economists continued work in the tradition and developed fixprice models. Other approaches that focus on the dynamic processes and interactions in economic systems that are constantly changing and do not necessarily settle into a stable state are discussed as non-equilibrium economics. Macroeconomic disequilibria In the neoclassical synthesis, equilibrium models were the rule. In these models, rigid wages modeled unemployment at equilibria. ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Italy
Italy, officially the Italian Republic, is a country in Southern Europe, Southern and Western Europe, Western Europe. It consists of Italian Peninsula, a peninsula that extends into the Mediterranean Sea, with the Alps on its northern land border, as well as List of islands of Italy, nearly 800 islands, notably Sicily and Sardinia. Italy shares land borders with France to the west; Switzerland and Austria to the north; Slovenia to the east; and the two enclaves of Vatican City and San Marino. It is the List of European countries by area, tenth-largest country in Europe by area, covering , and the third-most populous member state of the European Union, with nearly 59 million inhabitants. Italy's capital and List of cities in Italy, largest city is Rome; other major cities include Milan, Naples, Turin, Palermo, Bologna, Florence, Genoa, and Venice. The history of Italy goes back to numerous List of ancient peoples of Italy, Italic peoples—notably including the ancient Romans, ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Master Of Arts
A Master of Arts ( or ''Artium Magister''; abbreviated MA or AM) is the holder of a master's degree awarded by universities in many countries. The degree is usually contrasted with that of Master of Science. Those admitted to the degree have typically studied subjects within the scope of the humanities and social sciences, such as history, literature, languages, linguistics, public administration, political science, communication studies, law or diplomacy; however, different universities have different conventions and may also offer the degree for fields typically considered within the natural sciences and mathematics. The degree can be conferred in respect of completing courses and passing examinations, research, or a combination of the two. The degree of Master of Arts traces its origins to the teaching license or of the University of Paris, designed to produce "masters" who were graduate teachers of their subjects. Europe Czech Republic and Slovakia Like all EU membe ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Scandinavian American
Nordic and Scandinavian Americans are Americans of Scandinavian and/or Nordic ancestry, including Danish Americans (estimate: 1,453,897), Faroese Americans, Finnish Americans (estimate: 653,222), Greenlandic Americans, Icelandic Americans (estimate: 49,442), Norwegian Americans (estimate: 4,602,337), and Swedish Americans (estimate: 4,293,208). Also included are persons who reported 'Scandinavian' ancestry (estimate: 582,549) on their census. According to 2021 census estimates, there are approximately 9,365,489 people of Scandinavian ancestry in the United States. Norsemen had explored the eastern coast of North America as early as the 11th century, though they created no lasting settlements. Later, a Swedish colony briefly existed on the Delaware River during the 17th century. The vast majority of Americans of Nordic or Scandinavian ancestry, however, are descended from immigrants of the 19th century. This era saw mass emigration from Scandinavia following a population inc ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


United States
The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 contiguous states border Canada to the north and Mexico to the south, with the semi-exclave of Alaska in the northwest and the archipelago of Hawaii in the Pacific Ocean. The United States asserts sovereignty over five Territories of the United States, major island territories and United States Minor Outlying Islands, various uninhabited islands in Oceania and the Caribbean. It is a megadiverse country, with the world's List of countries and dependencies by area, third-largest land area and List of countries and dependencies by population, third-largest population, exceeding 340 million. Its three Metropolitan statistical areas by population, largest metropolitan areas are New York metropolitan area, New York, Greater Los Angeles, Los Angel ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

University Of Lund
Lund University () is a public research university in Sweden and one of Northern Europe's oldest universities. The university is located in the city of Lund in the Swedish province of Scania. The university was officially founded in 1666 on the location of the old ''studium generale'' next to Lund Cathedral. Lund University has nine faculties, with additional campuses in the cities of Malmö and Helsingborg, with around 47,000 students in 241 different programmes and 1,450 freestanding courses. The university has 560 partner universities in approximately 70 countries. It belongs to the League of European Research Universities as well as the global Universitas 21 network. Among those associated with the university are five Nobel Prize winners, a Fields Medal winner, prime ministers and business leaders. Two major facilities for materials research have been recent strategic priorities in Lund: MAX IV, a synchrotron radiation laboratory – inaugurated in June 2016, and Europea ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Swedish Army
The Swedish Army () is the army, land force of the Swedish Armed Forces of the Kingdom of Sweden. Beginning with its service in 1521, the Swedish Army has been active for more than 500 years. History Svea Life Guards dates back to the year 1521, when the men of Dalarna chose 16 young able men as Royal guard, body guards for the insurgent nobleman Gustav Vasa in the Swedish War of Liberation, war against the Union of Kalmar, thus making the present-day Life Guards (Sweden), Life Guards List of oldest military units and formations in continuous operation, one of the world's oldest regiments still on active duty. In 1901, Sweden introduced conscription. The conscription system was abolished in 2010 but reinstated in 2017. Organisation The peace-time organisation of the Swedish Army is divided into a number of regiments for the different branches. The number of active regiments has been reduced since the end of the Cold War in the late 1980s. However the Swedish Army has begun ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Officer (armed Forces)
An officer is a person who holds a position of authority as a member of an Military, armed force or Uniformed services, uniformed service. Broadly speaking, "officer" means a commissioned officer, a non-commissioned officer (NCO), or a warrant officer. However, absent contextual qualification, the term typically refers only to a force's ''commissioned officers'', the more senior members who derive their authority from a Commission (document), commission from the head of state. Numbers The proportion of officers varies greatly. Commissioned officers typically make up between an eighth and a fifth of modern armed forces personnel. In 2013, officers were the senior 17% of the British armed forces, and the senior 13.7% of the French armed forces. In 2012, officers made up about 18% of the German armed forces, and about 17.2% of the United States armed forces. Historically armed forces have generally had much lower proportions of officers. During the First World War, fewer than ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Seaman (rank)
Seaman is a military rank used in many Navy, navies around the world. It is considered a junior enlisted rank and, depending on the navy, it may be a single rank on its own or a name shared by several similarly junior ranks. In the Commonwealth of Nations, Commonwealth, it is the lowest rank in the navy, except in Canada where the Royal Canadian Navy now uses the gender-neutral title sailor in English and matelot in French. In the United States, it refers to the three lowest ranks of the United States Navy, U.S. Navy and United States Coast Guard, U.S. Coast Guard. The equivalent of the seaman is the ''matelot'' in French-speaking countries, and ''Matrose'' in German-speaking countries. Australia The Royal Australian Navy features one seaman rank, which is split into two distinct classes. Seaman and seaman* (pronounced "seaman star"), to differentiate between those who have completed their employment training and those who are in training. There is no insignia on a seaman ran ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Scania
Scania ( ), also known by its native name of Skåne (), is the southernmost of the historical provinces of Sweden, provinces () of Sweden. Located in the south tip of the geographical region of Götaland, the province is roughly conterminous with Skåne County, created in 1997. Like the other historical provinces of Sweden, Scania still features in colloquial speech and in cultural references, and can therefore not be regarded as an archaic concept. Within Scania there are 33 municipalities of Sweden, municipalities that are autonomous within the Skåne Regional Council. Scania's largest urban areas of Sweden, city, Malmö, is the third-largest city in Sweden, as well as the fifth-largest in Scandinavia. To the north, Scania borders the historical provinces of Halland and Småland, to the northeast Blekinge, to the east and south the Baltic Sea, and to the west Öresund. Since 2000, a road and railway bridge, the Öresund Bridge, bridges the Öresund, Sound and connects Scania ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Leijonhufvud
Leijonhufvud (Germanized as Lewenhaupt, literally "Lionhead") is the name of a Swedish noble family, from which some of the family members were granted baronial title. The baronial branch was 1568 granted the status of counts, and changed their family name to Lewenhaupt. There are still living members of both the branch of the family belonging to the lower nobility and the baronial one. Notable members * Peter Leijonhufvud (1717–1789), Swedish Baron, Officer * Gabriel Leijonhufvud the Elder (1755–1826), Swedish Baron, Officer, Freemason * Gabriel Leijonhufvud the Younger (1812–1897), Swedish Baron, Officer, diplomat *Axel Leijonhufvud (1933–2022), Swedish economist *Ebba Leijonhufvud, (1595–1654), Swedish noble, Countess of Raseborg * Johan Leijonhufvud (born 1971), Swedish jazz guitarist * Margaret Leijonhufvud (1516–1551), Queen of Sweden *Martha Leijonhufvud Martha Eriksdotter Leijonhufvud (24 December 1520 in Ödeby Lillkyrka, Ekeberg, Närke – 15 January 1 ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

The General Theory Of Employment, Interest And Money
''The General Theory of Employment, Interest and Money'' is a book by English economist John Maynard Keynes published in February 1936. It caused a profound shift in economic thought, giving macroeconomics a central place in economic theory and contributing much of its terminology – the "Keynesian Revolution". It had equally powerful consequences in economic policy, being interpreted as providing theoretical support for government spending in general, and for budgetary deficits, monetary intervention and counter-cyclical policies in particular. It is pervaded with an air of mistrust for the rationality of free-market decision-making. Keynes denied that an economy would automatically adapt to provide full employment even in equilibrium, and believed that the volatile and ungovernable psychology of markets would lead to periodic booms and crises. The ''General Theory'' is a sustained attack on the classical economics orthodoxy of its time. It introduced the concepts of the consu ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]