The stock‐flow consistent (SFC) modelling approach, grounded in the pioneering work of
Wynne Godley and James Tobin in the 1970s, has been adopted by a growing number of …

Presenting an in-depth overview of the foundations and developments of post-Keynesian
macroeconomics since Kalecki and Keynes, this timely book develops a comprehensive …

Abstract We propose an Agent-Based Stock-Flow Consistent model combined with a
simplified Input-Output (IO) structure of production. In the model, heterogeneous firms …

This chapter reviews different research strategies employed within heterodox economic
studies on financialization. It offers an account of post-Keynesian literature. O. Orhangazi …

The paper is a contribution to a monetary theory of demandled growth with elements from
Sraffian supermultiplier analysis, monetary circuit theory, Modern Monetary Theory and …

The stock-flow consistent (SFC) approach to macroeconomic dynamic modelling was
developed in the 2000s by Godley and Lavoie (in Monetary Economics: An Integrated …

In the era of financialization, increasing income inequality could be observed in most
developed and many develo** countries. Despite similar developments in inequality, the …

The expansion of non-bank financial intermediation (NBFI) presents a challenge for
monetary theories which emphasise the macroeconomic significance of commercial bank …

The paper presents a closed-economy stock-flow consistent model aimed at outlining the
natural synthesis between two fundamental pillars of the post-Keynesian approach: the …

Abstract Augusto Graziani (1933–2014) was one of the most eminent Italian economists of
the twentieth century. He is internationally known as the founding father of the theory of …