Macroeconomics Models

These models and simulations have been tagged “Macroeconomics”.

Related tagsEconomicsMMTKeenMitchell

Summary of Ch 14 of Mitchell Wray and Watts Textbook see  IM-164967  for book overview
Summary of Ch 14 of Mitchell Wray and Watts Textbook see IM-164967 for book overview
Implementation of a DSGE Model solved in a Macroeconomics class by Harald Uhlig ( link ), using Rational Expectations, in this case, the Hansens Real Business Cycle Model. It shows the capacity of implementing Dynamic Stochastic General Equilibrium Model Analysis using System Dynamics.
Implementation of a DSGE Model solved in a Macroeconomics class by Harald Uhlig (link), using Rational Expectations, in this case, the Hansens Real Business Cycle Model.
It shows the capacity of implementing Dynamic Stochastic General Equilibrium Model Analysis using System Dynamics.
 IM-168155  Summary of Ch 27 of Mitchell Wray and Watts Textbook see  IM-164967  for book overview with simplified Mike Radzicki's 2003 Evolutionary Economics history  article  added
IM-168155 Summary of Ch 27 of Mitchell Wray and Watts Textbook see IM-164967 for book overview with simplified Mike Radzicki's 2003 Evolutionary Economics history article added
WIP summaries of  bill mitchell's blog  postings related to the connections between macroeconomics and wellbeing, particularly via unemployment and inflation
WIP summaries of bill mitchell's blog postings related to the connections between macroeconomics and wellbeing, particularly via unemployment and inflation
  Goodwin Model:   This is a basic version of the Goodwin Model based on Kaoru Yamagushi (2013),  Money and Macroeconomic Dynamics , Chapter 4.5 ( link )     Equilibrium conditions:   Labor Supply  = 100  Devation from the equilibrium conditions generates growth cycles.
Goodwin Model:
This is a basic version of the Goodwin Model based on Kaoru Yamagushi (2013), Money and Macroeconomic Dynamics, Chapter 4.5 (link)

Equilibrium conditions:
  • Labor Supply = 100
Devation from the equilibrium conditions generates growth cycles.
Summary of Ch5 of Mitchell Wray and Watts Textbook see  IM-164967  for overview
Summary of Ch5 of Mitchell Wray and Watts Textbook see IM-164967 for overview
WIP SD representation of Steve Keen's MMT Minsky Model of an MMT fiat credit economy August 2020 patreon
WIP SD representation of Steve Keen's MMT Minsky Model of an MMT fiat credit economy August 2020 patreon
WIP based on Bill mitchell's blogs Sectoral balances are relationships among money flows during an accounting period. Where we perceive accumulations of past imbalances to be accrued is another matter....
WIP based on Bill mitchell's blogs
Sectoral balances are relationships among money flows during an accounting period. Where we perceive accumulations of past imbalances to be accrued is another matter....
 Este modelo es una copia de "Goodwin Business Cycle". Quité al menos una variable y aproximé la relación discreta entre el nivel de empleo y el crecimiento anual del salario con una función basada en la tangente hiperbólica.

Este modelo es una copia de "Goodwin Business Cycle". Quité al menos una variable y aproximé la relación discreta entre el nivel de empleo y el crecimiento anual del salario con una función basada en la tangente hiperbólica.

Scratch build of a stock-flow consistent model of a closed economy, based on a current transactions matrix
Scratch build of a stock-flow consistent model of a closed economy, based on a current transactions matrix
 Goodwin cycle  IM-2010  with debt and taxes added, modified from Steve Keen's illustration of Hyman Minsky's Financial Instability Hypothesis "stability begets instability". This can be extended by adding the Ponzi effect of borrowing for speculative investment.

Goodwin cycle IM-2010 with debt and taxes added, modified from Steve Keen's illustration of Hyman Minsky's Financial Instability Hypothesis "stability begets instability". This can be extended by adding the Ponzi effect of borrowing for speculative investment.

Circular equations WIP for Runy.    Added several versions of the model. Added a flow to make C increase. Added a factor to be able to change the value 0.5. Older version cloned at  IM-46280
Circular equations WIP for Runy.

Added several versions of the model. Added a flow to make C increase. Added a factor to be able to change the value 0.5. Older version cloned at IM-46280
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
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
Overview of Part F Ch 25 and 26 of Mitchell Wray and Watts Textbook see  IM-164967  for book overview
Overview of Part F Ch 25 and 26 of Mitchell Wray and Watts Textbook see IM-164967 for book overview
Overview of Part C Ch 11 to 16 of Mitchell Wray and Watts Textbook see  IM-164967  for book overview
Overview of Part C Ch 11 to 16 of Mitchell Wray and Watts Textbook see IM-164967 for book overview
Summary of Ch 27 of Mitchell Wray and Watts Textbook see  IM-164967  for book overview See  IM-169093  for added dynamic evolutionary economics history
Summary of Ch 27 of Mitchell Wray and Watts Textbook see IM-164967 for book overview See IM-169093 for added dynamic evolutionary economics history
Scratch build of a stock-flow consistent model of a closed economy, based on a current transactions matrix
Scratch build of a stock-flow consistent model of a closed economy, based on a current transactions matrix
Scratch build of a stock-flow consistent model of a closed economy, based on a current transactions matrix
Scratch build of a stock-flow consistent model of a closed economy, based on a current transactions matrix
Summary of Part B Ch 9 and 10 of Mitchell Wray and Watts Textbook see  IM-164967  for book overview
Summary of Part B Ch 9 and 10 of Mitchell Wray and Watts Textbook see IM-164967 for book overview
Summary of Ch 23 of Mitchell Wray and Watts Textbook see  IM-164967  for book overview
Summary of Ch 23 of Mitchell Wray and Watts Textbook see IM-164967 for book overview