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With full warning that it is heterodox, stock-flow macroeconomic models (lots here on it at the Levy Institute: https://www.levyinstitute.org/publications/a-sto
by jshaqaw 4y ago
With full warning that it is heterodox, stock-flow macroeconomic models (lots here on it at the Levy Institute: https://www.levyinstitute.org/publications/a-stock-flow-approach-to-a-general-theory-of-pricing https://www.levyinstitute.org/publications/a-stock-flow-appr... ) is another framework for macroeconomic thinking which is a great supplement to traditional equilibrium-based approaches. I happen to find stock-flow models resonate better with my own intuitions.