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Monetary Economics An Integrated Approach To Credit Money Income Production And Wealth Godley

Name: Monetary Economics An Integrated Approach To Credit Money Income Production And Wealth Godley
SKU: BELL-21969890
Price: 31.00 USD
Availability: InStock
Rating: 4.4 (52 reviews)

SKU: BELL-21969890

$ 31.00 ~~$ 45.00~~ (-31%)

4.4

52 reviews

Monetary Economics An Integrated Approach To Credit Money Income Production And Wealth Godley instant download after payment.

Publisher: Palgrave Macmillan

File Extension: PDF

File size: 48.72 MB

Pages: 576

Author: Godley, Wynne;Lavoie, Marc

ISBN: 9780230301849, 9781137085993, 9783423743747, 0230301843, 1137085991, 3423743743

Language: English

Year: 2012

Product desciption

Monetary Economics An Integrated Approach To Credit Money Income Production And Wealth Godley by Godley, Wynne;lavoie, Marc 9780230301849, 9781137085993, 9783423743747, 0230301843, 1137085991, 3423743743 instant download after payment.

This book challenges the mainstream paradigm with the introduction of a new methodology. Economies are represented realistically in a fully articulated system of national income and flow of funds accounts. The authors study how flows of income, expenditure and production are intertwined with stocks of assets and liabilities, determining how whole economies evolve through time.
Starting with extremely simple stock-flow consistent models, the text describes a succession of increasingly complex models constructed with such rigor that, in harmony with its basis in accounting, there is always one equation which is implied logically by all the others. Readers will be able to download all the models and explore their properties for themselves.