!e stock-"ow consistent (SFC) approach to macroeconomic dynamic modelling was developed in the 2000s by Godley and Lavoie (2007a, b), who paved the way for the "ourishing of SFC models. !ese models are based on four accounting principles ("ow consistency, stock consistency, stock-"ow consistency and quadruple book-keeping), which allow inferring a set of accounting identities.
Stock-Flow Consistent Dynamic Models: Features, Limitations and Developments
Deleidi M.;
2019-01-01
Abstract
!e stock-"ow consistent (SFC) approach to macroeconomic dynamic modelling was developed in the 2000s by Godley and Lavoie (2007a, b), who paved the way for the "ourishing of SFC models. !ese models are based on four accounting principles ("ow consistency, stock consistency, stock-"ow consistency and quadruple book-keeping), which allow inferring a set of accounting identities.File in questo prodotto:
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