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Stock-Flow-Consistent Modeling
Ten lectures at UNAM

Gennaro Zezza
Università di Cassino, & Levy Economics Institute

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  1. Introduction: a short history of developments in macroeconomics, and the origins of the SFC approach. slides
  2. General principles of stock-flow-consistent modeling. slides
  3. A simple SFC model. slides - OO spreadsheet - Eviews program
  4. The monetary circuit, money endogeneity, and Tobin's approach to portfolio management. slides
  5. Open economy models. slides - Eviews models: REG; OPEN; OPENG; OPENM; OPENM3
  6. Guidelines for a SFC model of Mexico. spreadsheet with notes; Hogares; Instituciones sin fines de lucro al servicio de los hogares; Sociedades no financieras; Sociedades financieras; Gobierno general; Resto del mundo;
  7. Using SFC models to analyze countries. slides for the U.S. - slides for Ecuador
  8. Further developments for a SFC model of Mexico
  9. Using SFC models to analyze countries. Eurozone and Greece
  10. SFC economics: directions for future research. slides

    11. Data sources

    Useful references

    Contacts: zezza@unicas.it