Ellermann, Christoph; Lindner, Fabian; Reissl, Severin; … - In: European Journal of Economics and Economic Policies: … 14 (2017) 1, pp. 13-22
We present an introduction to the translation of a part of the stock-flow consistent (SFC) framework published by the German economist Wolfgang Stützel in 1958, which follows in this issue. While not a quantitative model, Stützel's 'balance mechanics' has some features which still stand out...