EconPapers    
Economics at your fingertips  
 

Dynamics of a Post-Keynesian Stock-Flow Consistent Model With Financing of Current Production Expenses

Dynamique d’un modèle post-keynésien stock-flux cohérent avec financement des dépenses courantes de production

Edwin Le Heron and Edouard Cottin-Euziol ()

Post-Print from HAL

Abstract: In Post-Keynesian stock-flow consistent models (SFC), the financing of production expenditures does not appear explicitly. We propose to make it appear by considering different kinds of financing of production expenditures by firms: cash-flow, short-term credits. We study the impact of these financing choices on the dynamics of an SFC model. The results indicate that the profit rates of firms and banks, as well as the growth rate and the debt level of an economy can be affected by the financing choices of firms' production expenditures. However, the way in which production expenditures are financed does not alter fundamentally the dynamics of the model.

Keywords: SFC modeling; cash flow; financing; running expenses; modélisation SFC; fonds de roulement; financement; dépenses courantes (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations:

Published in Economie appliquée, 2021, 2, pp.83-114. ⟨10.48611/isbn.978-2-406-12814-4.p.0083⟩

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-03563079

DOI: 10.48611/isbn.978-2-406-12814-4.p.0083

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().

 
Page updated 2025-03-19
Handle: RePEc:hal:journl:halshs-03563079