DEFINE - A stock-flow-fund ecological macroeconomic model

Yannis Dafermos, Giorgos Galanis & Maria Nikolaidi
DEFINE, 2020
Level: schwer
Perspektiven: Ökologische Ökonomik, Postkeynesianismus
Thema: Makroökonomik, Ressourcen, Umwelt & Klima
Format: Webseite
Link: https://define-model.org/

On this website, you can learn about heterodox macroeconomic modelling. The DEFINE (Dynamic Ecosystem-FINance-Economy) model draws on post-Keynesian and ecological economics tradition. The website includes a description of the main features, publications, and a visualization tool!

The model produces various scenarios for the future of the ecosystem and the global economy. It can also evaluate the long-run effects of various types of environmental policies and strategies.

Currently, two visualizations are provided:

  1. DEFINE-MATTER on the use of matter and the generation of waste are affected by different factors.
  2. DEFINE-CLIMATE on climate change and how it is affected by economic growth, the share of renewable energy, energy intensity and a climate sensitivity parameter.

Comment from our editors:

Stock-flow consistent (SFC) modelling is one of the most viable alternatives to the dominant DSGE modelling of macroeconomic systems. Among others, SFC modelling guarantees a correct and comprehensive integration of all the flows and the stocks of an economy. Hence, it is great to have pages such as these to learn more about it.

Go to: DEFINE - A stock-flow-fund ecological macroeconomic model

This material has been suggested and edited by:

Jorim Gerrard
Tags: heterodox models | keynesian models | modelling | Stock-Flow consistent (SFC)
Kontraktive Geldpolitik
Level: leicht
Kontraktive Geldpolitik
Die kontraktive Geldpolitik umfasst alle Maßnahmen, welche das Geldangebot, das heißt die Höhe des sich im Umlauf befindlichen Geldes, verringert. In den meisten Ländern wird die Geldpolitik von einer Zentralbank oder einem Finanzministerium durchgeführt. Die Geldpolitik der Europäischen Union regelt die Europäische Zentralbank (EZB).
 
Wiwiwiki
Post-Keynesian Economics through the Lens of History of Thought - Introductory lectures on heterodox economics
2015
Level: leicht
Post-Keynesian Economics through the Lens of History of Thought - Introductory lectures on heterodox economics
Tom Palley provides a very clear and insightful description of the post-Keynesian school of economics by tracing back its connections to the different historical schools of thought.
Tom Palley
IMK
Comment garantir l’emploi à tous ceux qui en ont besoin ? conversation avec Pavlina Tcherneva
2021
Level: leicht
Comment garantir l’emploi à tous ceux qui en ont besoin ? conversation avec Pavlina Tcherneva
Comment éradiquer le chômage de masse ? La garantie d'emploi propose une solution ambitieuse en offrant un emploi à tou.te.s.
Thomas Belaich, Ulysse Lojkine, Pavlina Tcherneva
Le Grand Continent
Space & Agriculture
2022
Level: leicht
Space & Agriculture
In this teaching pack, we take a look at satellite crop monitoring and how it is used for both real and financial economic activities. By looking at commodity futures, we give students a sense of what financialization can mean. In the active exercise students learn to discuss these matters and reflect upon them.
Economy Studies
Economy Studies
What if? The Economic Effects for Germany of a Stop of Energy Imports from Russia
2022
Level: mittel
What if? The Economic Effects for Germany of a Stop of Energy Imports from Russia
This article by Rüdiger Bachmann et.al. discusses the economic effects of a potential cut-off of the German economy from Russian energy imports.
Rüdiger Bachmann, David Baqaee, Christian Bayer, Moritz Kuhn, Andreas Löschel, Benjamin Moll, Andreas Peichl, Karen Pittel, Moritz Schularick
ECONtribute.de
Ecological Economics and Degrowth
2021
Level: leicht
Ecological Economics and Degrowth
This workshop offers an introduction to Degrowth and Ecological Economics. It starts by surveying the socio-ecological crisis and its pseudo-solutions, and then moves to Ecological Macroeconomics as a relatively recent field of scholarship within Ecological Economics.
Corinna Dengler und Birte Strunk
Summer Academy for Pluralist Economics

Spenden

Um sich weiterhin für Pluralismus und Vielfalt in der Ökonomik einzusetzen, benötigt das Netzwerk Plurale Ökonomik e.V. Unterstützung von Leuten wie dir. Deshalb freuen wir uns sehr über eine einmalige oder dauerhafte Spende.

Spenden