The Stock-Flow Consistent Approach

1. Introduction
Marc Lavoie, Gennaro Zezza

Part I. Early Views on the Stock-Flow Coherent Approach

2. Inflation Accounting of Whole Economic Systems
K. J. Coutts, W. A. H. Godley, G. D. Gugdin

3. Time, Increasing Returns and Institutions in Macroeconomics
Wynne Godley

Part II. Stock-Flow Coherence and Economic Theory

4. An Important Inconsistency at the Heart of the Standard Macroeconomic Model
Wynne Godley, Anwar Shaikh

5. Weaving Cloth from Graziani’s Thread: Endogenous Money in a Simple (but Complete) Keynesian Model
Wynne Godley

6. Macroeconomics without Equilibrium or Disequilibrium
Wynne Godley

7. Kaleckian Models of Growth in a Coherent Stock–Flow Monetary Framework: A Kaldorian View
Marc Lavoie, Wynne Godley

Part III. Stock-Flow Coherence and Economic Policy

8. A Simple Model of Three Economies with Two Currencies: The Eurozone and the USA
Wynne Godley, Marc Lavoie

9. Maastricht and All That
Wynne Godley

10. Fiscal Policy in a Stock-Flow Consistent (SFC) Model
Wynne Godley, Marc Lavoie

11. Seven Unsustainable Processes: Medium-Term Prospects and Policies for the United States and the World
Wynne Godley

Keywords: Economics, Macroeconomics/Monetary Economics//Financial Economics, Economic Policy, Economic Theory/Quantitative Economics/Mathematical Methods, Behavioral/Experimental Economics, Operation Research/Decision Theory, Public Finance