Passarella, Marco Veronese - In: European Journal of Economics and Economic Policies: … 16 (2019) 1, pp. 55-93
The main purpose of this paper is to show how a simple (medium-scale) empirical stock–flow consistent dynamic model can be developed from scratch. Eurostat data and conventional statistical packages (notably EViews, Excel and R) are used. On the theoretical side, the work builds upon the...