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 resolved 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. His Cowles-inspired econometrics textbook, Statistical Methods in Econometrics has also become a classic. Malinvaud's main contribution to macroeconomics lies 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.

• Information on Edmond Malinvaud,

• "Note on von Neumann-Morgenstern's Strong Independence Axiom", 1952, Econometrica.
• "Capital Accumulation and the Efficient Allocation of Resources", 1953, Econometrica
• "Croissances Optimales dans un Modele Macroéconomique", 1965, PASSV.
• "Les Croissances Optimales", 1965, Cahiers du Seminaire d'Econometrie.
• Statistical Methods in Econometrics
• "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", 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.
• "The Challenge of Macroeconomic Understanding", 1987, BNLQR.