Global Imbalances and Financial Capitalism by Jacques Mazier

Global Imbalances and Financial Capitalism by Jacques Mazier

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Summary

The failure of mainstream economics to accurately predict financial crises highlights the need for alternative frameworks. Global Imbalances and Financial Capitalism demonstrates that Stock-Flow-Consistent models are well adapted to study this growth regime due to their ability to analyse the real and financial sides of the economy.

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Global Imbalances and Financial Capitalism by Jacques Mazier

The failure of mainstream economics to accurately predict financial crises highlights the need for alternative frameworks. Global Imbalances and Financial Capitalism demonstrates that Stock-Flow-Consistent models are well adapted to study this growth regime due to their ability to analyse the real and financial sides of the economy.

"This is the first book that combines in a systematic way two essential macroeconomic approaches that are essential to our understanding of international macroeconomic imbalances: the well-known Fundamental Equilibrium Exchange Rate (FEER) and the ever-more popular post-Keynesian stock-flow consistent (SFC) approach" - Marc Lavoie, Senior Research Chair, University of Sorbonne Paris Cité, France

Jacques Mazier is Professor Emeritus at the University Sorbonne Paris Nord, CEPN-CNRS, France.

SKU Unavailable
ISBN 13 9781032236049
ISBN 10 1032236043
Title Global Imbalances and Financial Capitalism
Author Jacques Mazier
Series Routledge Frontiers Of Political Economy
Condition Unavailable
Binding Type Paperback
Publisher Taylor & Francis Ltd
Year published 2021-12-13
Number of pages 318
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.