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Global Imbalances and Financial Capitalism : Stock-Flow-Consistent Modelling

Mazier, Jacques

Routledge Frontiers of Political Economy

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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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