Stock-flow consistent model
Family of macroeconomic models / From Wikipedia, the free encyclopedia
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Stock-flow consistent models (SFC) are a family of 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 post-Keynesian school of thought.[1][2] Stock-flow consistent models are in contrast to dynamic stochastic general equilibrium models, which are used in mainstream economics.