Models will solve computationally; not as systems of equations. Models must remain consistent with stock-flow accounting. Sectoral agents are bound by monetary system stocks and flows.
Stock-Flow Consistent Framework Resources:
- ‘Monetary Economics’ authored by the late, great, Wynne Godley and Marc Lavoie (G&L) are the standard reference.
- Model SIM (Simplest Monetary System) (G&L)
- Model PC (Portfolio Choice) (G&L)