SOAS Research Online

A Free Database of the Latest Research by SOAS Academics and PhD Students

[skip to content]

Dafermos, Yannis and Nikolaidi, Maria (2022) 'Assessing climate policies: an ecological stock-flow consistent perspective.' European Journal of Economics and Economic Policies: Intervention, 19 (3). pp. 338-356.

[img] Text - Accepted Version
Restricted to Repository staff only until 1 April 2024.

Request a copy


Addressing the climate crisis requires a deep socio-ecological transformation of our economies. This transformation involves the implementation of climate policies that not only transform standard macroeconomic and financial tools but also lead to sufficiency-based consumption patterns. The assessment and design of such policies require a systems-based approach that is not restricted by the straightjacket of cost–benefit analysis. In this paper, the authors employ an ecological stock–flow consistent model to provide a systems-based evaluation of certain macroeconomic, financial and sufficiency policies for climate mitigation. They show how the use of such an approach allows them to identify policy mixes that have the potential to address the climate crisis without undermining macrofinancial and social stability.

Item Type: Journal Article
Keywords: ecological stock–flow consistent modelling; green macroeconomic and financial policies; consumption patterns; climate change
SOAS Departments & Centres: Departments and Subunits > Department of Economics
ISSN: 20527764
Copyright Statement: This is a draft article. The final version is available in European Journal of Economics and Economic Policies: Intervention, 19 (3). pp. 338-356 published in 2022, Edward Elgar Publishing Ltd. The material cannot be used for any other purpose without further permission of the publisher, and is for private use only.
DOI (Digital Object Identifier):
Date Deposited: 18 Nov 2022 14:38

Altmetric Data


Download activity - last 12 monthsShow export options
Downloads since deposit
6 month trend
6 month trend
Accesses by country - last 12 monthsShow export options
Accesses by referrer - last 12 monthsShow export options

Repository staff only

Edit Item Edit Item