Contributions to Stock-Flow Modeling: Essays in Honor of Wynne Godley

ISBN-13: 9781349333400 / Angielski / Miękka / 2012 / 398 str.

D. Papadimitriou;G. Zezza

Opis

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.

Spis treści

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

O autorze

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.