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Towards a Stock-Flow Consistent Ecological Macroeconomics

dc.contributor.authorUnited Nations Environment Programme
dc.coverage.spatialGlobal
dc.date.accessioned2016-10-11T20:15:58Z
dc.date.available2016-10-11T20:15:58Z
dc.date.issued2015
dc.identifier.urihttp://hdl.handle.net/20.500.11822/9781
dc.descriptionThis paper describes the challenge of modelling combined economic, ecological and financial systems and sets out a series of objectives for modelling the socio-economic transition towards sustainability. It highlights the modelling needs in relation to full employment, financial stability, and social equity under conditions of constrained resource consumption and ecological limits. It outlines the development of a dedicated system-dynamics model for describing Financial Assets and Liabilities in a Stock-Flow consistent Framework (FALSTAFF) and presents some hypothetical results calibrated for the Canadian economy. The selected scenarios illustrate the complex relationships between real and financial aspects of the macroeconomy and allow some initial tests on the financial viability of green investment."
dc.languageEnglish
dc.publisherUNEP
dc.rightsPublicen_US
dc.subjectFinance
dc.subjectSustainable Development
dc.subjectInquiry
dc.subjectMacroeconomics
dc.subjectEcological Economics
dc.subject.classificationResource Efficiency
dc.titleTowards a Stock-Flow Consistent Ecological Macroeconomics
dc.typeReports and Books
wd.identifier.old-id11788
wd.identifier.sdgSDG 16 - Peace, Justice and Strong Institutions
wd.identifier.sdgSDG 8 - Good Jobs and Economic Growth
wd.identifier.sdgSDG 1 - No Poverty
wd.identifier.sdgiohttp://purl.unep.org/sdg/SDGIO_00000050
wd.identifier.sdgiohttp://purl.unep.org/sdg/SDGIO_00000042
wd.identifier.sdgiohttp://purl.unep.org/sdg/SDGIO_00000035


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