The Stock-Flow Consistent Approach: Selected Writings of Wynne Godley by Marc LavoieThe Stock-Flow Consistent Approach: Selected Writings of Wynne Godley by Marc Lavoie

The Stock-Flow Consistent Approach: Selected Writings of Wynne Godley

byMarc LavoieEditorG. Zezza

Hardcover | December 12, 2011

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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 is 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 is A...
Title:The Stock-Flow Consistent Approach: Selected Writings of Wynne GodleyFormat:HardcoverDimensions:276 pages, 9.02 × 5.98 × 0.97 inPublished:December 12, 2011Publisher:Palgrave MacmillanLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0230293115

ISBN - 13:9780230293113


Table of Contents

Introduction; M. Lavoie & G. Zezza PART I: EARLY VIEWS ON THE STOCK-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 Heart of 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 Coherent Stock-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 Consistent Model Seven Unsustainable Processes: Medium-Term Prospects and Policies for the United States and the World Bibliography