Six lectures on SFC dynamic models
In the laste three decades, macroeconomic modelling has been dominated by Dynamic Stochastic General Equilibrium (DSGE) models. However, dissatisfaction with these models has been growing since the mid-2000s. Four primary weaknesses have<a class="moretag" href="https://www.marcopassarella.it/en/six-lectures-on-sfc-dynamic-models/">Read More...</a>
Inflation hurts – How to fix it?
[Italian only] Dibattito con Fracesco Saraceno, organizzato dalla sezione tedesca da ANPI (Germania). Vai al video
An empirical stock-flow consistent model…
…of the Italian economy My presentation at the International Workshop on Empirical Stock-Flow Consistent Modelling, Aalborg University (Denmark), 27-29 October 2023. Download the presentation Download the R code Go to the related<a class="moretag" href="https://www.marcopassarella.it/en/an-empirical-stock-flow-consistent-model-2/">Read More...</a>
Circular economy innovations…
…in a 2-area input-output stock-flow consistent dynamic model Presentation at STOREP Conference in Bari, IIOA Conference in Alghero, EAEPE Conference in Leeds, and FMM Conference in Berlin. Tentative EAEPE presentation slides FMM<a class="moretag" href="https://www.marcopassarella.it/en/circular-economy-innovations-4/">Read More...</a>
A brief history of (macro) economic thought…
…from its origins to the present day Guest lecture for the Macroeconomics module led by prof. Riccardo Pariboni, Department of Economics and Statistics, University of Siena, May 5h (Friday), at 2:00 pm.<a class="moretag" href="https://www.marcopassarella.it/en/a-brief-history-of-macro-economic-thought/">Read More...</a>
Introduction to SFC models…
…for Economic Research Download here the slides of my presentation: SFC seminar 2023
Lo Stato gendarme del capitale
Il lascito teorico di Margaret Thatcher [Italian only] La signora di ferro, come la definì la stampa sovietica, per via del suo carattere spigoloso e poco incline al compromesso; la nostra Maggie,<a class="moretag" href="https://www.marcopassarella.it/en/lo-stato-gendarme-del-capitale-2/">Read More...</a>
What are we learning…
…from the energy crisis? An empirical stock-flow consistent model of the Italian economy Paper presented at 6th International ASTRIL Conference, Università degli Studi ROMA TRE, January 19-20, 2023. Download the presentation_(PDF slides)<a class="moretag" href="https://www.marcopassarella.it/en/what-are-we-learning-2/">Read More...</a>
Graziani’s theory of the monetary circuit
A small tribute from an aspiring pupil Augusto Graziani passed away nine years ago. Alongside Pierangelo Garegnani, Paolo Sylos-Labini, and Luigi Pasinetti, Graziani is arguably one of the greatest Italian economists of<a class="moretag" href="https://www.marcopassarella.it/en/the-theory-of-the-monetary-circuit/">Read More...</a>
Circular economy innovations…
…in an input-output stock-flow consistent dynamic model Download here the presentations slides