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Solution Properties of Stock-Flow Consistent Models

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Brian Romanchuk
963 views10 pages
Draft proof which constructs a solution to a Dynamic Stochastic General Equilibrium which is Stock-Flow Consistent. The solution is trivial in real terms, highlighting the difficulty of the Representative Household model framework. Comments are welcome at www.bondeconomics.com

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963 views10 pages

Solution Properties of Stock-Flow Consistent Models

Uploaded by

Brian Romanchuk
Draft proof which constructs a solution to a Dynamic Stochastic General Equilibrium which is Stock-Flow Consistent. The solution is trivial in real terms, highlighting the difficulty of the …
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