WORKSHOP
The Department of Economics invites you to the workshop “Stock–Flow Consistent Models: Theoretical Foundations and an Empirical Application in the Case of the Greek Economy” which will take place on May 6 and time 14:00–16:00, in Kosmas Psychopedi Hall (416), at the Gryparion Hall (1 Sofokleous, Athens, 4th floor).
- Presenter:
Christos Pierros, Assistant Professor, Department of Economics, National and Kapodistrian University of Athens
- Abstracts:
Stock-Flow Consistent (SFC) models treat the real and financial aspects of the economy as one inseparable system, ensuring full accounting coherence between income flows, financial and non-financial transactions, and the resulting stocks of assets and liabilities. This foundational feature makes SFC models particularly well-suited for tracing the build-up of macrofinancial imbalances and identifying the channels through which instability propagates across institutional sectors. The purpose of this seminar is to provide an overview of the theoretical backbone of SFC modeling and to present its key features. A benchmark empirical SFC model for the Greek economy is, then, presented. Participants will become acquainted with data treatment, estimation and simulation techniques, and the design of counterfactual scenarios for policy analysis within the SFC framework. By the end of the seminar, attendees will have gained both a conceptual understanding of SFC modeling and practical insights into how such models can inform macroeconomic and financial policy debates.
- Live streaming of the event: https://delos.uoa.gr/opendelos/search-live
Organizers: Dimitris Kainourgios, Professor
George Dotsis, Professor
Frago Kuranti, Associate Professor
Thank you.
Department of Economics, University of Athens, Greece