between market à la Walras and market clearing à la Marshall exists : in the former market clearing is equilibrium, while in … labour market. Again the conclusion reached is affirmative both for Marshall’s theory and for present-day Marshallian models …

out to have a most elusive meaning; In a second section, I compare Marshall and Walras on equilibrium and time. Whenever …The aim of this paper is to ponder upon Marshall’s conception of equilibrium and to confront it withWalras’s. In a … possibility of disequilibrim. When Walras credit model is taken into account the result is more complicated. An important …

lead to a mixed conclusion. Positively, Friedman must be hailed for having brought the Marshall-Walras divide to the …. A better account of the differences between Marshall and Walras is to be found in his 1955 review of Jaffé’s traslation … it. The paper finishes with an outline of the criteria that should be used for giving te Marshall-Walras divide a …

of modern macroeconomics: its emergence after the publication of Keynes’s General Theory, the heydays of Keynesian …

The aim of this paper is to examine critically Lucas’ arguments against Keynes’s General Theory and in particular … against Keynes’s concept of involuntary unemployment. It comprises two main parts. In the first, I question Lucas’s claim that … Keynes betrayed the equilibrium discipline by freeing himself from the postulates of optimising behaviour and market clearing …

This paper concerns a neglected aspect of Lucas’s work: his methodological writings, published and unpublished …. Particular attention is paid to his views on the relationship between theory and ideology. I start by setting out Lucas’s non … this conception. In the next two sections, I debate whether Lucas adheres to two methodological principles that I dub the …

Robert Lucas is rightfully credited with having changed the course of macroeconomic theory. The aim of this paper is to … paradigm, equilibrium macroeconomics. I reconstruct Lucas’s theoretical journey as involving seven steps: (1) his pre …

made their way in the development of the field. We show that Diamond’s model, which ambitioned to rival Lucas …

underpinning Marshall’s equilibrium theory. Our second step is a study of the attempts at introducing unemployment in a Marshallian … briefly discuss how and why Keynes was able to shift attention from frictional to involuntary unemployment. Newt, for a reason … of a natural rate of unemployment. In our third and last step we look at the papers by McCall, Lucas and Prescott …