Causal loop representations of macroeconomics taken from the System Dynamics literature contrasted with Forrester's main analysis of social and business organization layers See also Saeed's Forrester Economics IM-183285
Clone of Macroeconomics causal loop diagrams
Summary of Ch 15 of Mitchell Wray and Watts Textbook see IM-164967 for book overview
The Aggregate Expenditure Model
Summary of Ch 18 of Mitchell Wray and Watts Textbook see IM-164967 for book overview
The Phillips Curve and Beyond
Overview of Part C Ch 11 to 16 of Mitchell Wray and Watts Textbook see IM-164967 for book overview
National Income Output and Employment Determination
Scratch build of a stock-flow consistent model of a closed economy, based on a current transactions matrix
Clone of Closed Economy
Summary of Ch1 of Mitchell Wray and Watts Textbook see IM-164967 for overview
Clone of Macroeconomics Introduction
Model-SIM from Chapter 3 of Wynn Godley and Marc Lavoie's Monetary Economics, adapted for an open economy. The model is stock-flow consistent with only government money--no bills or bonds. No central bank and interest rates do not change. Government spends buying output from the production sector. The production sector is passive turning over all revenue over to households. Households save out of income and spend partially spend out of wealth. Imports and exports pass through the production sector illustrating the idea that consumer households buy from domestic businesses that which they have imported. The model also tracks the sectoral balance flows and changes in equity. Sectoral flows and equity balances match each other dollar for dollar to satisfy the sectoral balances accounting identity (Household Saving - Consumption) + (Business Saving - Expenditure) + (Taxes - Government Spending) - (Exports - Imports) = 0. Since business investment occurs internally to the Business Sector,
SFC_Model-SIM_open_economy
Summary of Ch 20 of Mitchell Wray and Watts Textbook see IM-164967 for book overview
Clone of Introduction to Monetary and Fiscal Policy Operations
This is the model I developed within the scope of my article titled "System dynamics and geometric compromise programming: assessing the impact of entrepreneurship wage subsidies on macroeconomic objectives".
You can access my published article via this link: http://doi.org/10.1111/itor.13601
System dynamics and geometric compromise programming: assessing the impact of entrepreneurship wage subsidies on macroeconomic objectives (Article)
Summary of Ch 22 of Mitchell Wray and Watts Textbook see IM-164967 for book overview
Fiscal Space and Fiscal Sustainability
Overview of Part D Ch 17 to 19 of Mitchell Wray and Watts Textbook see IM-164967 for book overview
Clone of Unemployment and Inflation Theory and Policy
WIP to provide an overarching structure to simplify the previous messy insight aggregate of multiple lower scale elements based on Fadhel's substack blog entries esp BRICS WIP in Gene's brain link
Multipolar World Kaboub
Scratch build of a stock-flow consistent model of a closed economy, based on a current transactions matrix
Clone of Closed Economy
WIP Summary of Mariana Mazzucato's 2018 book See also IM-901 MacroEc
Clone of The Value of Everything
Summary of Ch 18 of Mitchell Wray and Watts Textbook see IM-164967 for book overview
Clone of The Phillips Curve and Beyond
Summary of Ch 17 of Mitchell Wray and Watts Textbook see IM-164967 for book overview
Clone of Unemployment and Inflation
Causal loop representations of macroeconomics taken from the System Dynamics literature contrasted with Forrester's main analysis of social and business organization layers See also Saeed's Forrester Economics IM-183285
Clone of Macroeconomics causal loop diagrams
Summary WIP of Thomas Palley's 2012 Book
Clone of From Financial Crisis to Stagnation
Overview of Part H Ch 31 to 33 of Mitchell Wray and Watts Textbook see IM-164967 for book overview
Contemporary Debates
Goodwin business cycle model, modified from Keen and Blatt
Clone of Goodwin Business Cycle
WIP Summary of Mariana Mazzucato's 2018 book See also IM-901 MacroEc
Clone of The Value of Everything
Summary of Ch 21 of Mitchell Wray and Watts Textbook see IM-164967 for book overview
Clone of Fiscal Policy in Sovereign Nations
From a March 2016 blog entry by Ari Andricopoulos
Clone of The economy simply explained
Summary of Ch 22 of Mitchell Wray and Watts Textbook see IM-164967 for book overview
Clone of Fiscal Space and Fiscal Sustainability
