Part of stock-flow consistent modeling that doesn't actually have much to do with stock-flow consistency (see here) is positing that agents have a desired ratio of wealth $W$ to income $I$.
Share this post
A desired wealth to income ratio as a dynamic…
Share this post
Part of stock-flow consistent modeling that doesn't actually have much to do with stock-flow consistency (see here) is positing that agents have a desired ratio of wealth $W$ to income $I$.