Visualising stock flow consistent models as directed acyclic graphs
Economics
2014-09-17 v1
Abstract
We show how every stock-flow consistent model of the macroeconomy can be represented as a directed acyclic graph. The advantages of representing the model in this way include graphical clarity, causal inference, and model specification. We provide many examples implemented with a new software package.
Cite
@article{arxiv.1409.4541,
title = {Visualising stock flow consistent models as directed acyclic graphs},
author = {Peter G. Fennell and David O'Sullivan and Antoine Godin and Stephen Kinsella},
journal= {arXiv preprint arXiv:1409.4541},
year = {2014}
}
Comments
11 pages, 3 figures