PC model
Dirk Ehnts
This is a stock-flow consistent model, namely a modified version of the simplest (PC) model with money and boonds.

Godley/Lavoie (2006), chapter 4

(I had to change the equation for consumption demand. The disposable income now enters with a time lag of one period. Otherwise the model would be recursive and would not work in Insight Maker. Thanks to Gene for support.)


designed by Dirk Ehnts (blog)