The entry provides a brief biography of Wynne Godley (1926-2010), a British economist who informed the discussion of economic policy in the United Kingdom and later the United States. Godley was the main contributor to the development of the Stock-Flow-Consistent approach to macroeconomics, setting out models based on rigorous accounting which allowed him to anticipate (ahead of more orthodox forecasters) adverse developments in the U.K. economy in the 1970s and 1980s, as well as the global recessions of 2001 and 2007-9. JEL classification: B31; B50; E12

Wynne Godley

Gennaro Zezza
2020-01-01

Abstract

The entry provides a brief biography of Wynne Godley (1926-2010), a British economist who informed the discussion of economic policy in the United Kingdom and later the United States. Godley was the main contributor to the development of the Stock-Flow-Consistent approach to macroeconomics, setting out models based on rigorous accounting which allowed him to anticipate (ahead of more orthodox forecasters) adverse developments in the U.K. economy in the 1970s and 1980s, as well as the global recessions of 2001 and 2007-9. JEL classification: B31; B50; E12
2020
978-1-349-95121-5
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11580/72947
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