Abstract

  


 



The Sector Financial Balances Model of Aggregate Demand


Scott T. Fullwiler


Wartburg College; Bard College - The Levy Economics Institute
July 29, 2009


Abstract:     
Develops a simple model of aggregate demand that explicitly incorporates the financial sector balances approach of Wynne Godley. Demonstrates how this can be used to understand the 1990s expansion and the recession beginning in late 2000s.

Number of Pages in PDF File: 7

Keywords: sector financial balances, aggregate demand

JEL Classification: E1, E2, E3

working papers series


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Date posted: December 12, 2010  

Suggested Citation

Fullwiler, Scott T., The Sector Financial Balances Model of Aggregate Demand (July 29, 2009). Available at SSRN: http://ssrn.com/abstract=1723767 or http://dx.doi.org/10.2139/ssrn.1723767

Contact Information

Scott T. Fullwiler (Contact Author)
Wartburg College ( email )
222 Ninth St. NW
Waverly, IA 50677
United States
Bard College - The Levy Economics Institute ( email )
Blithewood
Annandale-on-Hudson, NY 12504-5000
United States
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