A new ecological macroeconomic model: analysing the interactions between the ecosystem, the financial system and the macroeconomy

Main author: Dafermos, Yannis
Other authors: Galanis, Giorgos
Nikolaidi, Maria
Format: Monographs and Working Papers           
Online access: Click here to view record


Summary: Our economy, environment and financial system cannot be viewed in isolation: each interacts with the other. However, the current models that inform policy making lack a clear understanding of the links between these systems. This is a significant gap. It’s time to develop a new modelling framework that can analyse these links in an integrated way.
Other authors: Galanis, Giorgos, Nikolaidi, Maria
Language: English
Published: New Economics Foundation 2015