Monetary Economics: An Integrated Approach to Credit, Money, Income, Production and Wealth

By W. Coleman. 2007

812 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/bb2541914b1c67d6170f817828d874a69d230870

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

Citations in the corpus

How can green differentiated capital requirements affect climate risks? A dynamic macrofinancial analysis (2020, methodology): “Jakab and Kumhof (2019) have departed from this approach by analysing explicitly both the quantity and the price rationing of credit and focusing on the endogenous creation of money.”
A stock-flow-fund ecological macroeconomic model (2015, methodology): “The key innovation of the post-Keynesian SFC approach developed by Godley and Lavoie (2007) is the explicit integration of accounting”
Integrating Finance into Global Production Networks (2014, background): “17 between sectors, and a table showing the balance sheet of each, with all variables and figures related to each other through a series of macro-accounting identities (GODLEY and LAVOIE, 2007).”
Fiscal policy in a stock-flow consistent (SFC) model (2007, methodology): “In our book Monetary Economics (Godley and Lavoie, 2007, ch. 11), we claimed that a particular level of government expenditure relative to tax rates, and also relative to gross domestic product (GDP), is essential if stable, noninflationary growth and full employment are to be achieved.”
Crashed: How a Decade of Financial Crises Changed the World (2018, background): “A negative model for our author is the book, with a supposedly ‘historical’ cut, by Reinhart and Rogoff, This time it’s different. Eight centuries of financial madness: 8 and it is certainly significant that the book of a true historian like Tooze is not only historically sound but also lies on the ”
A synthetic, stock--flow consistent macroeconomic model of 'financialisation' (2009, positive): “Thanks to the SFC modelling approach, based on computer-based solution methods (see Godley and Lavoie, 2007, for a systematic presentation), we can integrate several important facets of financialisation into one macroeconomic model, and consider how the effects that are ascribed to this complex…”
Post-Keynesian stock-flow-consistent modelling: a survey (2015, background): “Godley’s contribution probably finds its peak in the seminal book he wrote together with Marc Lavoie (Godley and Lavoie, 2007), which is still the main reference for current PK-SFC practitioners.”