EIRIN Stock-Flow Consistent model
Definition
EIRIN Stock-Flow Consistent model is a macroeconomic model with heterogeneous, interacting agents of the real economy and finance, developed first in Monasterolo & Raberto (2018). Each agent is represented by its balance sheet entries, and is endowed with behavioural rules (e.g. regarding investment and consumption decisions) and adaptive expectations.
About EDHEC
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