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
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Englisch
- Bibliographic citation
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Series: Working Paper ; No. 503
- Classification
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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
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Post-Keynesian Growth
Stock-flow Consistency
Real-financial Interactions
- Event
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Geistige Schöpfung
- (who)
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dos Santos, Cláudio H.
Zezza, Gennaro
- Event
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Veröffentlichung
- (who)
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Levy Economics Institute of Bard College
- (where)
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Annandale-on-Hudson, NY
- (when)
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2007
- Handle
- Last update
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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