Package PK-SFC

The repository of the package has been moved to github: http://github.com/S120/PKSFC

Description

This package allows to simulate Post-Keynesian Stock-Flow Consistent Models, following the approach of Godley, W. and M. Lavoie, 2007: Monetary Economics An Integrated Approach to Credit, Money, Income, Production and Wealth. Palgrave MacMillan, New York. The package uses the Gauss-Seidel algorithm to solve linear systems of equations, following the approach found in Kinsella, Stephen and O’Shea, Terence, Solution and Simulation of Large Stock Flow Consistent Monetary Production Models Via the Gauss Seidel Algorithm (December 21, 2010). Journal of Policy Modeling, Forthcoming. Available at SSRN: http://ssrn.com/abstract=1729205 or http://dx.doi.org/10.2139/ssrn.1729205

This package works with R, more information about R can be found here: http://www.r-project.org. I recomend to use R studio (http://www.rstudio.com) for its simplicity, but any other solution will work.

I thank David O’Sullivan and Hamid Raza for their valuable help in developping the package. I gratefully acknowledge the support of the Institute for New Economic Thinking.

Copyright (c) 2013 Antoine Godin

Permission is hereby granted, free of charge, to any person obtaining a copy of this software and associated documentation files (the “Software”), to deal in the Software without restriction, including without limitation the rights to use, copy, modify, merge, publish, distribute, sublicense, and/or sell copies of the Software, and to permit persons to whom the Software is furnished to do so, subject to the following conditions:

The above copyright notice and this permission notice shall be included in all copies or substantial portions of the Software.

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