A SIMPLIFIED, 'BENCHMARK', STOCK-FLOW CONSISTENT POST-KEYNESIAN GROWTH MODEL

被引:45
|
作者
Dos Santos, Claudio H.
Zezza, Gennaro
机构
[1] Bard Coll, Levy Econ Inst, Annandale on Hudson, NY 12504 USA
[2] Univ Cassino, Cassino, Italy
关键词
D O I
10.1111/j.1467-999X.2008.00316.x
中图分类号
F [经济];
学科分类号
02 ;
摘要
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 first steps. This paper attempts to offer a contribution to this line of research by presenting a simplified SFC Post-Keynesian growth model with well-defined dynamic properties and using it to shed light on the merits and limitations of the current heterodox SFC literature.
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页码:441 / 478
页数:38
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