WYNNE GODLEY - CURRICULUM VITAE

 


PERSONAL DETAILS

Wynne Godley    

Name: Wynne Alexander Hugh Godley
Date and Place of Birth: 2nd September 1926 in London
Nationality: British
Educated: Rugby, Oxford and Paris Conservatoire de Musique
Degree: B.A. (PPE), 1947
Married in 1955; one daughter, born in 1967
Emeritus Fellow of King’s College, Cambridge



APPOINTMENTS

2001 - 2005 Senior Visiting Research Fellow, Cambridge Endowment for Research in Finance

1995        Visiting Professor, Roskilde University, Denmark

1994 - 2001 Distinguished Scholar, The Levy Economics Institute, New York

1992 – 1995 Member of the Treasury’s Panel of Independent Forecasters ("The Six Wise Men")

1987 – 1988 Visiting Professor, University of Aalborg, Denmark

1975        Economic Consultant to H.M. Treasury 

1971 – 1973 Official Adviser to the Select Committee on Public Expenditure

1980        Professor of Applied Economics

1970 – 1994 Director of the Department of Applied Economics, University of Cambridge

1970        Fellow of King’s College, Cambridge

1956 – 1970 The Economic Section of the H.M. Treasury (Deputy Director from 1967)

1950 – 1953 Professional Oboist

 


SELECT BIBLIOGRAPHY

Prospects for the United States and the World: A Crisis That Conventional Remedies Cannot Resolve
Strategic Analysis [Annandale-on-Hudson, NY: The Levy Economics Institute]
(Dec 2008) With Dimitri B. Papadimitriou and Gennaro Zezza

The U.S. Economy: Is There a Way Out of the Woods?
Strategic Analysis [Annandale-on-Hudson, NY: The Levy Economics Institute]
(Nov 2007) With Dimitri B. Papadimitriou, Greg Hannsgen and Gennaro Zezza

Fiscal policy in a stock-flow consistent (SFC) model
[Journal of Post Keynesian Economics Volume 30, Number 1 pp 79-100]
(Fall 2007) With Marc Lavoie

The U.S. Economy: What’s Next?
Strategic Analysis [Annandale-on-Hudson, NY: The Levy Economics Institute]
(April 2007) With Dimitri B. Papadimitriou and Gennaro Zezza

A simple model of three economies with two currencies: the eurozone and the USA
[Cambridge Journal of Economics Vol 31/1, pp 1-23]
(January 2007) With Marc Lavoie

Hardback CoverPage    

Monetary Economics: An Integrated Approach to Credit, Money, Income, Production and Wealth
Hardback 576 pp [Palgrave MacMillan - Academic Publisher]
(December 2006) With Marc Lavoie

NB: (1) A review by Pablo Gabriel Bortz and (2) Some Eviews macro examples of this work on Genarro Zezza's Site.

Debt and Lending: A Cri de Coeur
Policy Note 2006/4 [Annandale-on-Hudson, NY: The Levy Economics Institute]
(May 2006) With Gennaro Zezza

Prolegomena to Realistic Monetary Macroeconomics: A Theory of Intelligible Sequences
Working Paper No.441 [Annandale-on-Hudson, NY: The Levy Economics Institute]
(February 2006) With M. Lavoie

The balance of trade, not payments, is true measure of a deficit's effects
Letter to the Editor [Financial Times]
(Wed, February 15, 2006)

Comprehensive accounting in simple open economy macroeconomics with endogenous sterilisation or flexible exchange rates
[Journal of Post Keynesian Economics Vol 28/2, pp 277-312]
(Winter 2005-6) With M. Lavoie

The United States and her Creditors; Can the Symbiosis Last?
Strategic Analysis [Annandale-on-Hudson, NY: The Levy Economics Institute]
(Sep 2005) With D. Papadimitriou, C. Dos Santos and G. Zezza

Some Unpleasant American Arithmetic
Policy Note 2005/5 [Annandale-on-Hudson, NY: The Levy Economics Institute]
(Jun 2005)

Imbalances Looking for a Policy
Policy Note 2005/4 [Annandale-on-Hudson, NY: The Levy Economics Institute]
(Apr 2005)

Prospects and Policies for the U.S. Economy: Why Net Exports Must Now Be the Motor for U.S. Growth
Strategic Analysis [Annandale-on-Hudson, NY: The Levy Economics Institute]
(Aug 2004) With A. Izurieta and G. Zezza

Two-Country Stock-Flow-Consistent Macroeconomics Using a Closed Model Within a Dollar Exchange Regime
Finance Working Paper Series, No.10 [Cambridge Endowment for Research]
(2003) With M. Lavoie

Weaving Cloth from Graziani's Thread. Endogenous Money In a Simple (But Complete) Keynesian Model [pdf] 33k
In "Money, Credit and the Role of the State: Essays in Honour of Augusto Graziani", ed. N. Salvadori [Ashgate]
(2003)

The US Economy; A Changing Strategic Predicament
Strategic Analysis [Annandale-on-Hudson, NY: The Levy Economics Institute]
(March 2003)

Accounting for Acquisitions Via Share Exchange
Letter to the Editor [Financial Times]
(March 19, 2003)

Kaleckian Models of Growth in a Coherent Stock-Flow Monetary Framework: A Kaldorian View
[Journal of Post Keynesian Economics Vol. 24, No.2, pp.277-312]
(2002) With M. Lavoie

An Important Inconsistency at the Heart of the Standard Macroeconomic Model
[Journal of Post Keynesian Economics Vol. 24, No. 3, pp. 423-443]
(2002) With A. M. Shaikh

Strategic Prospects and Policies for The U.S. Economy
Strategic Analysis [Annandale-on-Hudson, NY: The Levy Economics Institute]
(April 2002)

CAP is a Destructive Monstrosity for Britain
Comment and Analysis [Financial Times]
(September 30. 2002)

The Developing U.S. Recession and Guidelines for Policy
Strategic Analysis [Annandale-on-Hudson, NY: The Levy Economics Institute]
(October 2001) With A. Izurieta

As The Implosion Begins . . .? Prospects and Policies for the U.S. Economy: A Strategic View
Strategic Analysis [Annandale-on-Hudson, NY: The Levy Economics Institute]
(July 2001; Revised August 2001) With A. Izurieta

Fiscal Policy To The Rescue
Policy Note 2001/1 [Annandale-on-Hudson, NY: The Levy Economics Institute]
(January 2001)

Wynne Godley (autobiographic excerpt)
In "A Biographical Dictionary of Dissenting Economists, Second Edition", ed, P. Arestis and M. Sawyer [Cheltenham: Edward Elgar]
(2001)

Kaleckian Models of Growth in a Stock-Flow Monetary Framework: A Neo-Kaldorian Model
Working Paper No. 302 [Annandale-on-Hudson, NY: The Levy Economics Institute]
(June 2000) With M. Lavoie

Open Economy Macroeconomics Using Models of Closed Systems
Working Paper Series, No. 281 [Annandale-on-Hudson, NY: The Levy Economics Institute]
(September 1999)

Seven Unsustainable Processes: Medium-Term Prospects and Policies for the United States and the World
Strategic Analysis [Annandale-on-Hudson, NY: The Levy Economics Institute]
(January 1999)

Money and Credit in a Keynesian Model of Income Determination
Working Paper Series, No. 242 [Annandale-on-Hudson, NY: The Levy Economics Institute]
(July 1998)

Fiscal Policy Will Matter
[Challenge Vol. 41, No.1, pp. 38-54]
(January-February 1998) With G. McCarthy

Macroeconomics Without Equilibrium or Disequilibrium
Working Paper Series, No. 205 [Annandale-on-Hudson, NY: The Levy Economics Institute]
(August 1997)

Money, Finance and National Income Determination: An Integrated Approach
Working Paper Series, No. 167 [Annandale-on-Hudson, NY: The Levy Economics Institute]
(June 1996)

The Godley Papers
A Collection of Newspaper Articles [ed. Steve Platt: NSS and The Observer]
(1988 to 1992)

Maastricht and All That
Vol. 14, No. 19 [London Review of Books]
(October 8 1992)

Britain's Economic Problems and Policies in the 1990s
Economic Study No. 6 [London: Institute for Public Policy Research]
(1990) With K. Coutts, R. Rowthorn and G. Zezza

The British Economy Under Mrs Thatcher
[The Political Quarterly Vol. 60, No. 2, pp. 137- 151]
(April-June 1989) With K. J. Coutts

Real Wages and Employment: A Sceptical View of Some Recent Empirical Work
[Journal of the Manchester School of Economics and Social Studies Vol. 57, No. 2, pp. 172-187]
(June 1989) With M. Anyadike-Danes

IS-LM and Real Stock-Flow Monetary Models: A Prelude to Applied Macroeconomic Modelling
Revised version of a paper presented at the conference "Fifty Years after the IS-LM, in Honour of Sir John Hicks"
(November 1989) With M. Anyadike-Danes and K. J. Coutts

The British Economy: Recent History and Medium-term Prospects
A Cambridge Bulletin on the Thatcher Experiment [Faculty of Economics, University of Cambridge]
(March 1986) With K. Coutts, R. Rowthorn and T. Ward

Inflation Accounting of Whole Economic Systems
Studies in Banking and Finance [Supplement to Journal of Banking and Finance, Amsterdam: North Holland Vol. 9, No. 2]
(June 1985) With K. J. Coutts and G. D. Gudgin

Macroeconomics
[London: Oxford University Press]
(1983) With F. T. Cripps

Industrial Pricing in the United Kingdom
[Cambridge: Cambridge University Press]
(1978) With K. Coutts and W. D. Nordhaus

A Formal Analysis of the Cambridge Economic Policy Group Model
[Economica New Series, Vol. 43, No. 172, pp.335-48]
(November 1976) With F. T. Cripps

Why Britain needs a fresh set of principles
[London and Cambridge Economic Bulletin; Department of Applied Economics, University of Cambridge]
(January 22-23, 1974) With F. T. Cripps

Balance of Payments and Demand Management 1972 - 1976
[London and Cambridge Economic Bulletin; Department of Applied Economics, University of Cambridge]
(January 1973) With F. T. Cripps

Pricing in the Trade Cycle
[Economic Journal Vol. 82, No. 327, pp.853-882]
(1972) With W. D. Nordhaus

Pricing Behaviour in Manufacturing Industry
[The National Institute Economic Review No. 33, pp. 43-47]
(August 1965) With C. Gillion

Long-term Growth and Short-term Policy
[The National Institute Economic Review No. 29, pp. 26-33]
(August 1964) With J.R. Shepherd

Costs, Prices and Demand in the Short Run
In "Macroeconomic Themes", ed, M.J. Surrey [Oxford: Oxford University Press]
(1959)