Ciuffo, Biagio; Rosenbaum, Eckehard - In: European Journal of Economics and Economic Policies: … 12 (2015) 1, pp. 113-134
Stock-flow consistent (SFC) models become complex and hence rather intractable once they seek to incorporate more features of reality. Solving such models numerically for preselected parameter values can help to overcome this problem. But how should the parameters be selected given that there...