STOCK‐FLOW CONSISTENT MACROECONOMIC MODELS: A SURVEY
综述了存量流量一致（SFC）建模方法，该方法整合实体与金融流动，成功预测了2007-2009年大衰退，并扩展至金融化、开放经济、微观主体模型及生态宏观经济学。
Abstract The stock‐flow consistent (SFC) modelling approach, grounded in the pioneering work of Wynne Godley and James Tobin in the 1970s, has been adopted by a growing number of researchers in macroeconomics, especially after the publication of Monetary Economics by Godley and Lavoie, which provided a general framework for the analysis of whole economic systems, and the recognition that macroeconomic models integrating real markets with flow‐of‐funds analysis had been particularly successful in predicting the Great Recession of 2007–2009. We introduce the general features of the SFC approach for a closed economy, showing how the core model has been extended to address issues such as financialization and income distribution. We next discuss the implications of the approach for models of open economies and compare the methodologies adopted in developing SFC empirical models for whole countries. We review the contributions where the SFC approach is being adopted as the macroeconomic closure of microeconomic agent‐based models, and how the SFC approach is at the core of new research in ecological macroeconomics. Finally, we discuss the appropriateness of the name ‘SFC’ for the class of models we survey.