A Simplified Stock-Flow Consistent Post-Keynesian Growth Model
Levy Economics Institute Working Paper No. 421
28 Pages Posted: 19 Apr 2005
Abstract
Despite being arguably the most rigorous form of structuralist/post-Keynesian macroeconomics, stock-flow consistent models are quite often complex and difficult to deal with. This paper presents a model that, despite retaining the methodological advantages of the stock-flow consistent method, is intuitive enough to be taught at an undergraduate level. Moreover, the model can easily be made more complex to shed light on a wealth of specific issues.
Keywords: Post-Keynesian Growth, Stock-Flow Consistency, Real-Financial Interactions
JEL Classification: E12, E17, E44, E60
Suggested Citation: Suggested Citation
Dos Santos, Claudio H. and Zezza, Gennaro, A Simplified Stock-Flow Consistent Post-Keynesian Growth Model. Levy Economics Institute Working Paper No. 421, Available at SSRN: https://ssrn.com/abstract=696242 or http://dx.doi.org/10.2139/ssrn.696242
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