Skip to main content
SpringerLink
Log in
Palgrave Macmillan

Contributions to Stock-Flow Modeling

Essays in Honor of Wynne Godley

  • Book
  • © 2012

Overview

Editors:
  1. Dimitri B. Papadimitriou

    1. Levy Economics Institute of Bard College, USA

    View editor publications

    You can also search for this editor in PubMed   Google Scholar

  2. Gennaro Zezza

    1. Levy Economics Institute of Bard College, USA
      University of Cassino, Italy

    View editor publications

    You can also search for this editor in PubMed   Google Scholar

Part of the book series: Levy Institute Advanced Research in Economic Policy (LAREP)

This is a preview of subscription content, log in via an institution to check access.

Access this book

Log in via an institution
eBook USD 84.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 109.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book USD 109.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access

Licence this eBook for your library

Institutional subscriptions

Table of contents (15 chapters)

  1. Front Matter

    Pages i-xxii
    Download chapter PDF

  2. Wynne Godley’s Economics

    • Dimitri B. Papadimitriou
    Pages 1-11

  3. Godley Moves in Mysterious Ways: The Craft of Economic Judgment in Post-war Britain

    • Tiago Mata
    Pages 12-35

  4. Godley Got It Right

    • L. Randall Wray
    Pages 36-62

  5. Who Are These Economists, Anyway?

    • James K. Galbraith
    Pages 63-75

  6. A New Look at New Cambridge: Will the UK Private Expenditure Function Stand Up?

    • Bill Martin
    Pages 76-124

  7. Three Balances and Twin Deficits: Godley versus Ruggles and Ruggles

    • Anwar Shaikh
    Pages 125-136

  8. From Macroeconomics to Monetary Economics: Some Persistent Themes in the Theory Work of Wynne Godley

    • Marc Lavoie
    Pages 137-153

  9. Godley and Graziani: Stock-flow Consistent Monetary Circuits

    • Gennaro Zezza
    Pages 154-172

  10. The Stock-flow Consistent Approach with Active Financial Markets

    • Jo Michell, Jan Toporowski
    Pages 173-196

  11. Financial Integration and Stabilization in a Monetary Union Without or With Bank Rationing

    • Vincent Duwicquet, Jacques Mazier
    Pages 197-234

  12. Debt-deflation Traps Within Small Open Economies: A Stock-flow Consistent Perspective

    • Stephen Kinsella, Saed Khalil
    Pages 235-265

  13. A Debate with Wynne Godley on the Neutrality of Fiscal Policy

    • Edwin Le Heron
    Pages 266-299

  14. The Effectiveness of Fiscal Policy in the Levy Institute’s Stock-flow Model

    • Philip Arestis, Malcolm Sawyer
    Pages 300-320

  15. Of Unsustainable Processes and the US Dollar

    • Jörg Bibow
    Pages 321-348

  16. Squaring the Circle in Euro Land? Some Remarks on the Stability Programmes 2010–13

    • Michael Brecht, Silke Tober, Till van Treeck, Achim Truger
    Pages 349-376

  17. Back Matter

    Pages 377-398
    Download chapter PDF
Back to top

Keywords

About this book

A collection of papers from leading thinkers to celebrate the work of the late Wynne Godley, and his enormous contribution to the field of monetary economics. Chapters include in-depth discussions of the revolutionary economic modelling systems that Godley introduced, as well as his prescient concerns about the global financial crash.

Editors and Affiliations

  • Levy Economics Institute of Bard College, USA

    Dimitri B. Papadimitriou, Gennaro Zezza

  • University of Cassino, Italy

    Gennaro Zezza

About the editors

DIMITRI B. PAPADIMITRIOU is Jerome Levy Professor of Economics and Executive Vice President of Bard College, and President of the Levy Institute, Annandale-on-Hudson, New York, USA. He heads the Levy Institute's Macro-Modeling Team, is co-author of its Strategic Analysis reports and is author and editor of the Levy Economics Institute Book Series. Dr. Papadimitriou was vice-chairman of the Trade Defecit Review Commission of the US Congress and has testified in the US Senate and Congressional Committee Hearings on Banking and Finance and Small Business. He is a member of the editorial boards of Challenge, The Bulletin of Political Economy and Journal of Economic Analysis and has authored many articles in professional journals.

GENNARO ZEZZA is Associate Professor of Economics at the University of Cassino, Italy, and Research Scholar at the Levy Economics Institute of Bard College, USA. He is a member of the Levy Institute's Macro-Modelling Team and co-author of itsStrategic Analysis reports. Zezza worked with the late Distinguished Scholar Wynne Godley in the United Kingdom, Denmark and Italy, as well as at the Levy Institute. His other research interests include economic growth, monetary economics and applied econometrics.

Bibliographic Information

Publish with us

Policies and ethics

Back to top

Search

Navigation