In this chapter, the authors show how to address the missing links between the real and financial sectors within a post-Keynesian framework, presenting a quarterly stock-flow consistent (SFC) structural model of the Italian economy. They set up the accounting structure of the sectoral transactions, describing the transaction matrix and balance sheet matrix, starting from the appropriate sectoral data sources. They describe their estimation strategy, present the main stochastic equations, and, finally, discuss the main channels of transmissions in the model.

A stock-flow consistent quarterly model of the italian economy

Zezza, Francesco
;
2022

Abstract

In this chapter, the authors show how to address the missing links between the real and financial sectors within a post-Keynesian framework, presenting a quarterly stock-flow consistent (SFC) structural model of the Italian economy. They set up the accounting structure of the sectoral transactions, describing the transaction matrix and balance sheet matrix, starting from the appropriate sectoral data sources. They describe their estimation strategy, present the main stochastic equations, and, finally, discuss the main channels of transmissions in the model.
9781003253457
File allegati a questo prodotto
File Dimensione Formato  
Zezza_Stock_2022.pdf

solo gestori archivio

Tipologia: Versione editoriale (versione pubblicata con il layout dell'editore)
Licenza: Tutti i diritti riservati (All rights reserved)
Dimensione 1.86 MB
Formato Adobe PDF
1.86 MB Adobe PDF   Visualizza/Apri   Richiedi una copia
Zezza_Front_Stock_2022.pdf

solo gestori archivio

Note: Frontespizio ed indice
Tipologia: Versione editoriale (versione pubblicata con il layout dell'editore)
Licenza: Tutti i diritti riservati (All rights reserved)
Dimensione 4.11 MB
Formato Adobe PDF
4.11 MB Adobe PDF   Visualizza/Apri   Richiedi una copia

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11573/1655886
Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus ND
  • ???jsp.display-item.citation.isi??? ND
social impact