Sectoral Balances And Stock-Flow Consistent Models
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F17%3A00097418" target="_blank" >RIV/00216224:14560/17:00097418 - isvavai.cz</a>
Result on the web
<a href="http://www.e-jei.org/upload/JEI_32_3_689_722_2013600139.pdf" target="_blank" >http://www.e-jei.org/upload/JEI_32_3_689_722_2013600139.pdf</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.11130/jei.2017.32.3.689" target="_blank" >10.11130/jei.2017.32.3.689</a>
Alternative languages
Result language
angličtina
Original language name
Sectoral Balances And Stock-Flow Consistent Models
Original language description
The European banking and sovereign debt crisis has revealed severe financial imbalances among countries and institutional sectors. In reaction, economic policy and theory has focused on the role of finance in mitigating economic imbalances and finding ways to deal with them. Policy makers launched data gap initiatives to enhance economic and financial statistics, an important pillar of these initiatives being the integrated framework of the System of National Accounts, unifying product, income, capital, and financial accounts. In this framework, there are elaborated Stock-Flow Consistent models that model any interconnections of institutional sectors, in both real and financial aspects, in a consistent way. This article aims to illustrate the principles and possibilities of Stock Flow Consistent models and their relation to the System of National Acounts. To accomplish this, we construct a simplified Stock Flow Consistent model applied to the sectoral (im)balances between the private, government, and foreign sectors, which were a notable feature of the recent European crisis.
Czech name
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Czech description
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Classification
Type
J<sub>SC</sub> - Article in a specialist periodical, which is included in the SCOPUS database
CEP classification
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OECD FORD branch
50200 - Economics and Business
Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2017
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Journal of Economic Integration
ISSN
1225-651X
e-ISSN
—
Volume of the periodical
32
Issue of the periodical within the volume
3
Country of publishing house
KR - KOREA, REPUBLIC OF
Number of pages
34
Pages from-to
689-722
UT code for WoS article
000408792500006
EID of the result in the Scopus database
2-s2.0-85028772965