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Stock-flow consistent models (SFC) are a family of non-equilibrium macroeconomic models based on a rigorous accounting framework, that seeks to guarantee a correct and comprehensive integration of all the flows and the stocks of an economy. These models were first developed in the mid-20th century but have recently become popular, particularly within the…
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models accounting sfc stock-flow consistent model economy flow godley stocks approach financial flows sector based framework macroeconomics macroeconomic modelling wynne
| Subject | Predicate | Object | Confidence | Src |
|---|---|---|---|---|
| rational expectations | instance of | crises usually cannot arise because of behavioural assumptions | 0.80 | text |
| intertemporal optimisation | instance of | crises usually cannot arise because of behavioural assumptions | 0.80 | text |
| physical capital | instance of | they usually model only individual stock variables | 0.80 | text |
| while monetary variables such as credit relations | instance of | they usually model only individual stock variables | 0.80 | text |
| debt are neglected | instance of | they usually model only individual stock variables | 0.80 | text |
| bifurcation analysis | instance of | but can also be formulated in continuous time as differential equations or differential-algebraic equations.Simple models can be solved analytically and investigated by means of… | 0.80 | text |
| Stock-flow consistent model | related to history | The | 0.60 | section |
| Stock-flow consistent model | related to history | Knut Wicksell | 0.60 | section |
| Stock-flow consistent model | related to history | John Maynard Keynes | 0.60 | section |
| Stock-flow consistent model | related to history | Michał Kalecki | 0.60 | section |
| Stock-flow consistent model | related to history | Morris Copeland's | 0.60 | section |
| Stock-flow consistent model | related to history | Copeland | 0.60 | section |
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