Fiscal policy in a stock-flow consistent (SFC) model
By Wynne Goldey, M. Lavoie. 2007
113 citations recorded by the source corpus.
Subfields: Economics and Econometrics
View Paper: https://www.semanticscholar.org/paper/322b00ca32f2429bf12a19f110b4236ef0d01ef3
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In Economics and Econometrics
Citations in the corpus
- Stock-Flow Consistent Modeling Through the Ages (2013, unknown): “Their model shows that “fiscal policy can deliver sustainable full employment at a target inflation rate within an SFC framework with some arbitrary interest rate” (Godley and Lavoie 2007b, p. 99).”
- Post-Keynesian stock-flow-consistent modelling: a survey (2015, background): “Godley’s contribution probably finds its peak in the seminal book he wrote together with Marc Lavoie (Godley and Lavoie, 2007), which is still the main reference for current PK-SFC practitioners.”
- Understanding financial crisis through accounting models (2010, background): “…the US economy’s dependence on debt growth and argued that only the small slowdown in the rate at which US household debt levels were rising, resulting from the house price decline, would immediately lead to a ‘‘sustained growth recession . . . somewhere before 2010” (Godley & Zezza, 2006: p. 3).”
- No one saw this coming. Understanding financial crisis through accounting models (2009, unknown): “The new model includes " domestic and global stock-flow consistency with respect to wealth linkages and wealth effects " (Richardson 2006), very similar in name at least to Godley's 'stock-flow consistent model' (Godley and Lavoie 2007).”