Stocks, flows, and uncertainty : critical problems in the stock flow consistent approach to monetary economics

This thesis presents a critique of the increasingly popular post-Keynesian stock-flow consistent (SFC) approach to macroeconomic modelling. With the Godley-Lavoie (2007) textbook taken as the paradigmatic treatment, it explores the claims of SFC to provide both a complete and coherent means to analy...

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Bibliographic Details
Main Author: Meadway, James
Published: SOAS, University of London 2013
Subjects:
Online Access:http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.703387