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Contributions in stock-flow modeling = essays in honour of Wynne Godley /

Record Type:	Electronic resources : Monograph/item
Title/Author:	Contributions in stock-flow modeling/ edited By Dimitri B. Papadimitriou and Gennaro Zezza.
Reminder of title:	essays in honour of Wynne Godley /
other author:
Published:	Houndmills, Basingstoke, Hampshire ;Palgrave Macmillan, : 2012.,
Description:	xxii, 398 p. ;23 cm.;
Subject:
ISBN:	9780230367357 (electronic bk.)

Contributions in stock-flow modeling = essays in honour of Wynne Godley /
Contributions in stock-flow modelingessays in honour of Wynne Godley /[electronic resource] :edited By Dimitri B. Papadimitriou and Gennaro Zezza. - Houndmills, Basingstoke, Hampshire ;Palgrave Macmillan,2012. - xxii, 398 p. ;23 cm. - Levy Institute advanced research in economic policy.

Wynne Godley's Economics; D.Papadimitriou -- Godley Works in Mysterious Ways: the craft of economic judgement in postwar Britain; T.Mata -- Godley Got it Right; L.R.Wray -- Who are These Economists, Anyway? J.K.Galbraith -- A Look at New Cambridge: will the UK private expenditure function stand up? B.Martin -- Three Balances and Twin Deficits: Godley versus Ruggles and Ruggles; A.Shaikh -- From Macroeconomics to Monetary Economics: some persistent themes in the theory work of Wynne Godley; M.Lavoie -- Godley and Graziani: stock-flow consistent monetary circuits; G.Zezza -- The stock-flow consistent approach with active financial markets; J.Toporowski & J.Michell -- Financial integration and stabilization in a monetary union without or with bank rationing; V.Duwicquet & J.Mazier -- Debt-Deflation Traps within Small Open Economies: a stock-flow consistent perspective; S.Kinsella?-- A Debate with Wynne Godley on the Neutrality of Fiscal Policy; E.Le Heron -- The Effectiveness of Fiscal Policy in the Levy Institute's Stock-Flow Model; P.Arestis & M.Sawyer -- Of Unsustainable Processes and the US Dollar; J.Bibow -- Squaring the Circle in Euroland? Some Remarks on the Stability Programmes 2010-2013; M.Brecht, S.Tober, T.van Trreeck & A.Truger -- Wynne Godley: A Bibliography -- Index.#

In the 1970s, at a time of shock, controversy and uncertainty over the direction of monetary and fiscal policy, Wynne Godley and the Cambridge Department of Applied Economics rose to prominence, challenging the accepted Keynesian wisdom of the time. This collection of essays brings together eminent scholars who have been influenced by Godley's enormous contribution to the field of monetary economics and macroeconomic modeling. Godley's theoretical, applied and policy work is explored in detail, including an analysis of the insightful New Cambridge 'three balances' model, and its use in showing the progression of real capitalist economies over time. Godley's prescient concerns about the global financial crash are also examined, demonstrating how his work revealed structural imbalances and formed the foundations of an economics relevant to the instability of finance.

Electronic reproduction.
Basingstoke, England :
Palgrave Macmillan,
2012.

Mode of access: World Wide Web.

ISBN: 9780230367357 (electronic bk.)

Source: 500082Palgrave Macmillanhttp://www.palgraveconnect.comSubjects--Topical Terms:

72593

Index Terms--Genre/Form:

239592

LC Class. No.: HB172.5 / .C657 2012

Dewey Class. No.: 339

Contributions in stock-flow modeling = essays in honour of Wynne Godley /
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520 $a In the 1970s, at a time of shock, controversy and uncertainty over the direction of monetary and fiscal policy, Wynne Godley and the Cambridge Department of Applied Economics rose to prominence, challenging the accepted Keynesian wisdom of the time. This collection of essays brings together eminent scholars who have been influenced by Godley's enormous contribution to the field of monetary economics and macroeconomic modeling. Godley's theoretical, applied and policy work is explored in detail, including an analysis of the insightful New Cambridge 'three balances' model, and its use in showing the progression of real capitalist economies over time. Godley's prescient concerns about the global financial crash are also examined, demonstrating how his work revealed structural imbalances and formed the foundations of an economics relevant to the instability of finance.
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