Yes it is. We rigorously demonstrate the equivalence of any stock flow consistent (SFC) model to a directed acyclic graph (DAG) using condensation graphs. The equivalence between stock flow models and DAGs is useful both for visualising large-scale macroeconomic models of this type and for inferring causality within these models. We developed a new package to build and simulate any SFC model and generate the corresponding DAGs, and we provide an example of this package using a well known model from the literature.
CITATION STYLE
Fennell, P. G., O’Sullivan, D. J. P., Godin, A., & Kinsella, S. (2016). Is It Possible to Visualise Any Stock Flow Consistent Model as a Directed Acyclic Graph? Computational Economics, 48(2), 307–316. https://doi.org/10.1007/s10614-015-9521-8
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