© 2012

The Stock-Flow Consistent Approach

Selected Writings of Wynne Godley

  • Marc Lavoie
  • Gennaro Zezza

Table of contents

  1. Front Matter
    Pages i-xxii
  2. Introduction

    1. Marc Lavoie, Gennaro Zezza
      Pages 1-18
  3. Early Views on the Stock-Flow Coherent Approach

    1. Front Matter
      Pages 19-19
    2. K. J. Coutts, W. A. H. Godley, G. D. Gugdin
      Pages 21-38
  4. Stock-Flow Coherence and Economic Theory

  5. Stock-Flow Coherence and Economic Policy

  6. Back Matter
    Pages 255-276

About this book


Selected essays from the eminent economist, Wynne Godley, tracing the development of his work and illuminating the key theories and models that made his name. Essays focus not only on the stock-flow coherent approach, but also lay out Godley's views about the European Union and the stability of its monetary policy.


accounting economic policy economic system economic theory economics equilibrium fiscal policy growth Inflation John Maynard Keynes Keynes macroeconomics monetary policy money

Editors and affiliations

  • Marc Lavoie
    • 1
  • Gennaro Zezza
    • 2
  1. 1.Department of EconomicsUniversity of OttawaCanada
  2. 2.Department of EconomicsUniversity of CassinoItaly

About the editors

MARC LAVOIE is Full Professor in the Department of Economics at the University of Ottawa, Canada.He has published over 175 articles in refereed journals and books. He is also on the editorial board or advisory board of several journals. He is a specialist in monetary economics, growth theory, and macroeconomic policy.

GENNARO ZEZZA is Associate Professor in Economics at the Department of Economics of the University of Cassino, Italy, and a Research Scholar at the Levy Institute of Economics, USA. He has published several articles in refereed journals and books. He is a specialist in macroeconomic models, both theoretical and empirical, and in econometrics.

Bibliographic information