The stock-flow consistent approach: selected writings of Wynne Godley

Selected essays from the eminent economist, Wynne Godley, tracing the development of his work and illuminating the key theories and models that made his name. Essays focus not only on the stock-flow coherent approach, but also lay out Godley's views about the European Union and the stability of its monetary policy. MARC LAVOIE Full Professor in the Department of Economics at the University of Ottawa, Canada. He has published over 175 articles in refereed journals and books. He is also on the editorial board or advisory board of several journals. He is a specialist in monetary economics, growth theory, and macroeconomic policy. GENNARO ZEZZA Associate Professor in Economics at the Department of Economics of the University of Cassino, Italy, and a Research Scholar at the Levy Institute of Economics, USA. He has published several articles in refereedjournals and books. He is a specialist in macroeconomic models, both theoretical and empirical, and in econometrics. INDICE: Introduction; 'M. Lavoie'&' G. Zezza - 'PART I: EARLY VIEWS ON THESTOCK-FLOW COHERENT APPROACH - Inflation Accounting of Whole Economic Systems- Time, Increasing Returns and Institutions in Macroeconomics - PART II: STOCK-FLOW COHERENCE AND ECONOMIC THEORY - An Important Inconsistency at the Heartof the Standard Macroeconomic Model - Weaving Cloth from Graziani's Thread: Endogenous Money in a Simple (But Complete) Keynesian Model - Macroeconomics without Equilibrium or Disequilibrium - Kaleckian Models of Growth in a CoherentStock-Flow Monetary Framework - PART III: STOCK-FLOW COHERENCE AND ECONOMIC POLICY - A Simple Model of Three Economies with Two Currencies: The Eurozone and the USA - Maastricht and All That - Fiscal Policy in a Stock-Flow ConsistentModel - Seven Unsustainable Processes: Medium-Term Prospects and Policies forthe United States and the World - Bibliography

• ISBN: 978-0-230-29311-3
• Editorial: Palgrave MacM
• Encuadernacion: Cartoné
• Páginas: 288
• Fecha Publicación: 16/12/2011
• Nº Volúmenes: 1
• Idioma: Inglés