Heterodox Macroeconomics and the Design of Monetary Institutions
Published By: Mumbai University | Published Date: April, 10 , 2008Two agendas of the heterodox economics programme; the stock-flow consistent models pioneered by Wynne Godley, and the monetary circuit approach researched in France and Italy are discussed. The objective is to present a coherent account of two innovations in payments mechanisms: deposit-creating institutions and conditional cash transfers.
Author(s): Romar Correa | Posted on: Oct 10, 2008 | Views(2145) | Download (1012)