Visualising stock flow consistent models as directed acyclic graphs

We show how every stock-flow consistent model of the macroeconomy can be represented as a directed acyclic graph. The advantages of representing the model in this way include graphical clarity, causal inference, and model specification. We provide many examples implemented with a new software package.

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Year of publication:	2014-09
Authors:	Fennell, Peter G. ; O'Sullivan, David ; Godin, Antoine ; Kinsella, Stephen
Institutions:	arXiv.org

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Extent:	application/pdf
Series:	Papers.
Type of publication:	Book / Working Paper
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010907969