This paper provides a candidate estimation method that determines the values of each stock and flow simultaneously by analytically solving any stock flow model, and converting the estimation into a global minimisation problem in p-k dimensions. We describe the method and apply it to a canonical model using real-world data. The method estimates the parameters and flows reliably.
Working Paper
Method to simultaneously determine stock, flow, and parameter values in large stock flow consistent models
Grantee paper By
Grantee paper By
Download- StockFlowParameterValules (pdf, 413.64 KB)