Financialized growth regime: lessons from Stock Flow Consistent models

Regime-changes in a Stock-flow-consistent Model

We explore the dynamical properties of the Godley-Lavoie model with a focus on Central Bank horizons. The stability properties of modes of regulation are traced from a regime of private bank money to the current crisis with the Central Bank levers of short-term bonds issue to the emerging policy regime of long-term bonds as built-in stabilizers.

Stock-flow Consistent Modeling through the Ages

Nuclear Flow in Consistent Boltzmann Algorithm Models

We investigate the stochastic Direct Simulation Monte Carlo method (DSMC) for numerically solving the collision-term in heavy-ion transport theories of the Boltzmann-Uehling-Uhlenbeck (BUU) type. The first major modification we consider is changes in the collision rates due to excluded volume and shadowing/screening effects (Enskog theory). The second effect studied by us is the inclusion of an...

Integrating i* and process models with stock-flow models

While enterprise modeling and conceptualization frameworks mostly provide static views of enterprise architectures, they rarely address the dynamics of enterprise; i.e. the behavior of enterprise over time. This issue has led to insufficient perception of how the statics of enterprise is related to its behavior over time, and how static arrangements should be reconfigured to result into the des...

Kaleckian Models of Growth in a Stock Flow Monetary Framework : A Neo - Kaldorian

This paper integrates a stock-flow monetary accounting framework, as proposed by Godley and Cripps (1983) and Godley (1993, 1996, 1999), with Kaleckian models of growth, as proposed by Rowthorn (1981), Dutt (1990) and Lavoie (1995). Our stock-flow accounting is related to the social accounting matrices (SAM) originally developed by Richard Stone in Cambridge, with double-entry bookkeeping used ...