A Simplified Stock-Flow Consistent Post-Keynesian Growth Model

Levy Economics Institute Working Paper No. 421

28 Pages Posted: 19 Apr 2005

See all articles by Claudio H. Dos Santos

Claudio H. Dos Santos

The Levy Economics Institute

Gennaro Zezza

University of Cassino - Department of Economics; Bard College - The Levy Economics Institute

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

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

Claudio H. Dos Santos (Contact Author)

The Levy Economics Institute ( email )

Blithewood
Annandale-on-Hudson, NY 12504
United States
845-758-7700 (Phone)
845-758-1149 (Fax)

Gennaro Zezza

University of Cassino - Department of Economics ( email )

Cassino
Italy

HOME PAGE: http://gennaro.zezza.it

Bard College - The Levy Economics Institute ( email )

Blithewood
Annandale-on-Hudson, NY 12504-5000
United States

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