The Walrasian-Keynesian Synthesis

("Disequilibrium Keynesianism", "Non-Walrasians", "Post-Walrasians")

Pioneers of the Walrasian-Keynesian Synthesis

• Robert Clower, 1926-

• Axel Leijonhufvud, 1933-

• Don Patinkin, 1922-1995.

• Frank H. Hahn, 1925-

• Robert M. Barro, 1944-

• Herschel I. Grossman, 1939-

The Gallo-Belgian Non-Walrasian School

• Edmond Malinvaud, 1923-

• Jean-Pascal Benassy, 1948-

• Jacques H. Drèze, 1929-

• Jean-Michel Grandmont, 1939-

• Guy Laroque, 1946-

• Yves Younes,

Critical Monetary Theorists

• Sho-Chieh Tsiang, 1918-1993?

• Peter Diamond, 1940-

• John C. Bryant

• Peter W. Howitt, 1946-

Disequilibrium Growth Models

• Frank H. Hahn, 1925-

• Hirofumi Uzawa, 1928-

• John R. Hicks, 1904-1989.

• Jerome L. Stein, 1928-

• Hugh Rose, 1920-
  • "Liquidity Preference and Loanable Funds", 1957, RES
  • "The Possibility of Warranted Growth", 1959, EJ
  • "Expectations and Stability in Neo-Keynesian Growth Theory", 1963, QJE
  • "Unemployment in a Theory of Growth", 1966, IER.
  • "On the Non-Linear Theory of the Employment Cycle", 1967, RES.
  • Co-developer of the "Keynes-Wicksell" (1966, 1967) model of monetary growth, Rose's major contribution was the non-linear Phillips curve which provided wage-unemployment-price dynamics to the model.

Resources on the Walrasian-Keynesian Synthesis

• HET Pages: End of Neo-Keynesianism?, Disequilibrium Keynesianism; Keynes-Wicksell Growth Model