Arbeitspapier

A simplified benchmark” Stock-Flow Consistent (SFC) post-Keynesian growth model

Despite being arguably one of the most active areas of research in heterodox macroeconomics, the study of the dynamic properties of stock-flow consistent (SFC) growth models of financially sophisticated economies is still in its early stages. This paper attempts to offer a contribution to this line of research by presenting a simplified Post-Keynesian SFC growth model with well-defined dynamic properties, and using it to shed light on the merits and limitations of the current heterodox SFC literature.

Language
Englisch

Bibliographic citation
Series: Working Paper ; No. 503

Classification
Wirtschaft
General Aggregative Models: Keynes; Keynesian; Post-Keynesian
General Aggregative Models: Forecasting and Simulation: Models and Applications
Financial Markets and the Macroeconomy
Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook: General
Subject
Post-Keynesian Growth
Stock-flow Consistency
Real-financial Interactions

Event
Geistige Schöpfung
(who)
dos Santos, Cláudio H.
Zezza, Gennaro
Event
Veröffentlichung
(who)
Levy Economics Institute of Bard College
(where)
Annandale-on-Hudson, NY
(when)
2007

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • dos Santos, Cláudio H.
  • Zezza, Gennaro
  • Levy Economics Institute of Bard College

Time of origin

  • 2007

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