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Godley, Wynne A. H.; Lavoie, Marc - Monetary Economics - 9780230500556 - V9780230500556
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Monetary Economics

€ 193.58
FREE Delivery in Ireland
Description for Monetary Economics Hardback. Introduces a different methodology for studying how it is institutions which create flows of income, expenditure and production together with stocks of assets (including money) and liabilities, thereby determining how whole economies evolve through time. This book describes simple Stock Flow Consistent (SFC) models, as well as complex models. Num Pages: 573 pages, biography. BIC Classification: KCBM. Category: (P) Professional & Vocational; (U) Tertiary Education (US: College); (UP) Postgraduate, Research & Scholarly; (UU) Undergraduate. Dimension: 216 x 140 x 31. Weight in Grams: 844.
This book challenges the mainstream paradigm, based on the inter-temporal optimisation of welfare by individual agents. It introduces a methodology for studying how it is institutions which create flows of income, expenditure and production together with stocks of assets and liabilities, thereby determining how whole economies evolve through time.

Product Details

Format
Hardback
Publication date
2006
Publisher
Palgrave Macmillan United Kingdom
Number of pages
573
Condition
New
Number of Pages
530
Place of Publication
Basingstoke, United Kingdom
ISBN
9780230500556
SKU
V9780230500556
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15

About Godley, Wynne A. H.; Lavoie, Marc
WYNNE GODLEY was formerly Director of the Department of Applied Economics at the University of Cambridge, UK, from 1970 to 1994, and subsequently a Professor of Applied Economics. During this period, from 1987-1988, he was also a Visiting Professor at University of Aalborg, Denmark. Between 1994 and 2001, Professor Godley was a Distinguished Scholar at the Levy Economics Institute of ... Read more

Reviews for Monetary Economics
'The framework that Godley and Lavoie develop, with a consistent numerical and simulational handle on the various models, is a return to a majestic Wicksellian tradition A whole generation of graduate students have been brought up on policy nihilism, bordering on paralysis in the face of policy dilemmas. A new generation, armed with the tools, concepts and models developed by ... Read more

Goodreads reviews for Monetary Economics


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