Flashcard: Fundamentals of Stock-Flow Consistent Macroeconomics — 9 carte

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1Domanda

Mainstream macro — key sectors?

Risposta

Firms and households with market equilibrium assumptions.

2Domanda

Mainstream macro — sectors?

Risposta

Firms and households only.

3Domanda

Features of SFC Modelling — core principle?

Risposta

Ensures all stocks and flows are fully accounted for.

4Domanda

Features of SFC Modelling — core?

Risposta

Stock-flow consistency and detailed accounting.

5Domanda

Principles of SFC Models — focus?

Risposta

Balancing stocks and flows over time.

6Domanda

Balance Sheet Matrix — purpose?

Risposta

Captures assets and liabilities interrelations.

7Domanda

Transactions Flow Matrix — role?

Risposta

Records all financial flows between sectors.

8Domanda

Dynamic SFC analysis — goal?

Risposta

Study time evolution of stocks and flows.

9Domanda

Key variables in SFC — examples?

Risposta

Wealth, debt, income, consumption.

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1. In analyzing a financial crisis where demand factors and banking sector activities are central, which macroeconomic modeling approach should a researcher most appropriately apply?

2. Which macroeconomic approach primarily features a simplified two-sector model with no active banks, assuming market equilibrium and supply-driven outcomes?

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