"A Simplified Stock-Flow Consistent Post-Keynesian Growth Model"
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.
Year of publication: |
2005-04
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Authors: | Santos, Claudio H. Dos ; Zezza, Gennaro |
Institutions: | Levy Economics Institute |
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