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Cambridge Journal of Economics Advance Access originally published online on June 11, 2008
Cambridge Journal of Economics 2008 32(4):639-663; doi:10.1093/cje/ben017
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© The Author 2008. Published by Oxford University Press on behalf of the Cambridge Political Economy Society. All rights reserved.

A foxy hedgehog: Wynne Godley and macroeconomic modelling

Lance Taylor*

* New School for Social Research

Address for correspondence: PO Box 378, Washington ME 04574, USA; email: lance{at}blacklocust.com

Wynne Godley has made enormous contributions to macroeconomic modelling. They are reviewed here in connection with his recent book with Marc Lavoie, Monetary Economics: An Integrated Approach to Credit, Money, Income, Production, and Wealth.

Key Words: Macroeconomic modelling • Stock–flow consistent modelling

JEL classifications: C1, E1

Manuscript received November 30, 2007; final version received March 11, 2008.


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