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Circuit
Models
These models and simulations have been tagged “Circuit”.
Graph representation of Ch3 of their 2007 Monetary Economics book, based on Alvarez and Ehnts 2015
paper
The roads not taken. Also see more complex WIP to successively split sectors at
IM-185550
. See also
essence of MMT IM
for simpler intro
Godley and Lavoie Simple Growth Model
Geoff McDonnell
WIP based on Where profits come from
paper
, Nathan Tankus
blog
and other historical sources
Monetary Circuit Flows
Geoff McDonnell
WIP SD representation of Ch11 of their 2007 Monetary Economics book, as suggested by Adam K. Plan is to do a top down simple money flow SFC mmt model and successively split sectors. See also
essence of MMT IM
and
simpler version Ch3 IM
Godley and Lavoie Growth Model
Geoff McDonnell
From Bill Mitchell and Warren Mosler December2018 billy
blog entry
and mosler's MMT
white paper
(google docs) 2019. Some highly aggregated stocks and flows and boundaries introduced.
Clone of The essence of MMT
Jeb Eddy
From Bill Mitchell and Warren Mosler December2018 billy
blog entry
and mosler's MMT
white paper
(google docs) 2019. Some highly aggregated stocks and flows and boundaries introduced.
The essence of MMT
Geoff McDonnell
3
Solve IVP for voltage in RC Circuit
dv/dt=(-1/RC) v + (1/RC) u
v(0)=0
numerically:
dv/dt=(-1/0.6) v + (1/0.6) u
The diagram consist in:
a=(-1/0.6)*[v]
b= (1/0.6)*[u]
dv/dt=[a] + [b]
CircuitoRC
Xander