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The Monetary Circuit Approach: A Stock-flow Consistent Model

In: Money, Distribution and Economic Policy

Author

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  • Jean-Vicent Accoce
  • Tarik Mouakil

Abstract

Money, Distribution and Economic Policy takes issue with the inappropriate treatment of money, effective demand and distribution issues in modern mainstream macroeconomics. It presents contributions which are critical of modern orthodoxy and which explore alternative approaches to macroeconomics and economic policy analysis. The contributors explore the following areas: • the development of heterodox theory • the role of money in macroeconomics • the relationship between distribution and aggregate demand • macroeconomic policy issues from a broader heterodox perspective.

Suggested Citation

  • Jean-Vicent Accoce & Tarik Mouakil, 2007. "The Monetary Circuit Approach: A Stock-flow Consistent Model," Chapters, in: Eckhard Hein & Achim Truger (ed.), Money, Distribution and Economic Policy, chapter 4, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:12580_4
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    Cited by:

    1. Richters, Oliver & Siemoneit, Andreas, 2017. "Consistency and stability analysis of models of a monetary growth imperative," Ecological Economics, Elsevier, vol. 136(C), pages 114-125.
    2. Stefano Lucarelli, 2012. "A Stock-Flow Analysis of a Schumpeterian Innovation Economy," Working Papers (-2012) 1201, University of Bergamo, Department of Economics.

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    Keywords

    Economics and Finance;

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