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...[[Jacques J. Polak|J. J. Polak]] in 1957. It seeks to model a small, open economy operating under [[Fixed exchange-rate system|fixed nominal exchange rate]]. {{Macroeconomics}} ...

...e="nikiforos-j">Michalis Nikiforos, Gennaro Zezza: ''Stock-Flow Consistent Macroeconomics Models: A Survey''. In: ''[[Journal of Economic Surveys]]'' 31(5), 2017, pp ...gl.PNG|thumb|Net financial assets of the different sectors of the American economy. For every asset, there exists a liability.]] ...

...s/ |date=2014-04-14 }}), Chapter 3: ''"The Logical Structure of a Monetary Economy"'', pp. 78-98 ([http://personer.samf.aau.dk/fileadmin/freesite/users/19/for ...eful for the overall economy and what is beneficial for the individual. An economy cannot save money, every restriction of expenses leads to loss of revenues. ...

...t, in that it adds bank credit. The total amount of credit available in an economy can exceed private saving because the bank system is in a position to creat The preceding description holds for closed economies. In open economies, [[net capital outflow]]s must be added to credit demand. ...

...t is Keynesian Economics Today?." Reflections on the Development of Modern Macroeconomics (1997): 55-77</ref> Yet, following conflict there was not often aid provide ...s that needed to be met, along with this was the deterioration of Europe's economy.<ref name=":1">{{Cite journal|last=Jones|first=Sam|date=May 2015|title=Aid ...

...the [[paradox of thrift]] and the importance of the [[money supply]] to an economy's well-being. The allegory has received continuing attention, particularly ...and Richard James Sweeney first presented the co-op as an allegory for an economy in a 1977 article, but it was little known until popularized by [[Paul Krug ...

...targets, including conventional tools such as interest rate targeting or [[open market operations]], unconventional tools such as [[quantitative easing]] o ...year, the bank adds the shortfall to the next year's target to return the economy to trend growth.<ref name="Sumner 2011">{{harvnb|Sumner|2011}}</ref> The n ...

...note on public debt, tax-exempt bonds, and Ponzi games |journal=Journal of Macroeconomics |date=September 2009 |volume=31 |issue=3 |pages=492–499 |doi=10.1016/j.jmac ...terest rate of government debt, <math> g </math> is the growth rate of the economy and <math> pb_t </math> is the primary balance to GDP ratio. ...

...classical" theories and produced a general theory that described the whole economy in terms of aggregates rather than individual, [[microeconomic]] parts. Att ...lum|2008|p=}} [[Robert Lucas, Jr.|Robert Lucas]] and other [[new classical macroeconomics|new classical macroeconomists]] criticized Keynesian models that did not wo ...

...tivity and profitability.<ref name=":0" /> Spill-on effects into the wider economy can anchor human and financial capital in domestic industries, which have t ...formally during the USA's shift towards an [[Industrialisation|industrial economy]].<ref name=":32" /> The directors of large companies, for example [[Procte ...

...olitical Economy'', the ''Italian Association for the History of Political Economy'' and the ''Italian Association for the History of Economic Thought''. ...the total wages,'' x'' is the wage per worker, ''K'' is the capital of the economy, ''R'' is the total rents perceived by landowners and ''B'' are the total p ...

...c unit (such as a household) or economic system (such as a market or the [[economy]]) is modeled as not changing ...ps://archive.org/details/bub_gb_Sw8ZAAAAYAAJ|quote=The Theory of Political Economy, jevons 1871.}}</ref> Others preceded and followed in expanding mathematic ...

...and services]] by all [[Agent (economics)|economic agent]]s resident in an economy, regardless of the origin of the goods and services themselves<ref>{{cite b ...ive effect on private fixed investment because of the growth of the market economy. Rising GDP usually implies that profit expectations and business confidenc ...