• Published 2002

Circuit and Coherent Stock-Flow Accounting

@inproceedings{Lavoie2002CircuitAC,
  title={Circuit and Coherent Stock-Flow Accounting},
  author={Marc Lavoie},
  year={2002}
}
Augusto Graziani has been a major contributor to the theory of the monetary circuit, i.e., the circulation approach to money, and he has cleared up the implications of Keynes=s finance motive. In this paper, the monetary circuit and the finance motive are introduced through a method to model monetary macroeconomics that has been advocated by Wynne Godley. The method, based on a transactions matrix, essentially makes sure that every flow goes somewhere and comes from somewhere, so that there are… CONTINUE READING

Tables from this paper.

Citations

Publications citing this paper.
SHOWING 1-10 OF 16 CITATIONS

Stock-Flow Consistent Modeling Through the Ages

VIEW 7 EXCERPTS
CITES BACKGROUND
HIGHLY INFLUENCED

A Stock-Flow Analysis of a Schumpeterian Innovation Economy

VIEW 5 EXCERPTS
CITES BACKGROUND & METHODS
HIGHLY INFLUENCED

References

Publications referenced by this paper.
SHOWING 1-10 OF 25 REFERENCES

Production circulation et monnaie

VIEW 6 EXCERPTS
HIGHLY INFLUENTIAL

AA general framework for the analysis of currencies and commodities@, in Paul Davidson and Jan Kregel (eds), Full Employment and Price Stability in a Global Economy

  • Warren Mosler, Matthew Forstater
  • Edward Elgar: Cheltenham,
  • 1998
VIEW 1 EXCERPT
HIGHLY INFLUENTIAL

AEndogenous money in the circulation approach@, paper presented at the Frei Universtität

  • Graziani, Augusto
  • Berlin conference,
  • 2001

Théorie monétaire dans l=économie capitaliste

  • Figuera, Stefano
  • L=Harmattan: Paris,
  • 2001

Monetary Economics, Draft of a manuscript

  • Godley, Wynne
  • Jerome Levy Economics Institute, Bard College,
  • 2000