Accounting for Financialization: Stock-Flow-Consistent Political Economy

We adopt the Post Keynesian input-output framework pioneered by Wynne Godley to delve into both the causes and consequences of financialization. The distinction between National Income accounting and stock-flow-consistent modelling is showcased. Also, the political economy foundations of financial e...

Full description

Bibliographic Details
Main Authors: Amelia Correa, Romar Correa
Format: Article
Language:English
Published: Pluto Journals 2015-06-01
Series:World Review of Political Economy
Online Access:https://www.scienceopen.com/hosted-document?doi=10.13169/worlrevipoliecon.6.2.0192