Assessing some structuralist claims through a stock-flow framework - Archive ouverte HAL Accéder directement au contenu
Chapitre D'ouvrage Année : 2016

Assessing some structuralist claims through a stock-flow framework

(1, 2)
1
2

Résumé

The principles of the framework put forth by Wynne Godley are being presented. In the second section, an instance of the framework is offered, based on a simple growth model without government debt but with private money. In the third section, some results achieved by running simulations with this model are being presented to enlighten the controversies that have arisen around Minsky’s financial fragility hypothesis. In the fourth section, some of the results achieved by Godley (1999) are being recalled, and some implications with regards to further debates are being drawn.
Fichier non déposé

Dates et versions

hal-01343648 , version 1 (08-07-2016)

Identifiants

  • HAL Id : hal-01343648 , version 1

Citer

Marc Lavoie. Assessing some structuralist claims through a stock-flow framework. L.P. Rochon and S. Rossi. Advances in Endogenous Money Analysis, Edward Elgar, 2016. ⟨hal-01343648⟩
319 Consultations
0 Téléchargements

Partager

Gmail Facebook Twitter LinkedIn More