Details

Modelling Europe


Modelling Europe

A History of Multi-Country Models at the European Commission (1970-2005)

von: Antonella Rancan, Francesco Sergi

42,79 €

Verlag: Palgrave Macmillan
Format: PDF
Veröffentl.: 20.08.2024
ISBN/EAN: 9783031630910
Sprache: englisch
Anzahl Seiten: 150

Dieses eBook enthält ein Wasserzeichen.

Beschreibungen

<p>What was the role of economists and economics in the making of the European Union? This book sheds light on the activities of a particular type of economic experts: the macroeconomic modellers of the Directorate General for Economic and Financial Affairs (DG II), who built multi-country macroeconomic models of the European Economic Community. These models aim at studying the macroeconomic interactions between national economies and at providing insights about the effects of coordinating (or not) national economic policies. The book documents the origins, challenges,&nbsp;and progress&nbsp;made&nbsp;by DG II’s experts&nbsp;through&nbsp;building these models.</p>

<p>This book provides&nbsp;insight into the influence of multi-country models on modern economics. It will be relevant to students and researchers interested in the history of economic thought and the development of macroeconomic policy.</p>
1. Macro econometric activities at the SSRC Committee on Economic Stability.- 2. Project Link’s distinctive features and aims.- 3. Connecting national modelling teams.- 4. DG II macroeconomics and the integration process.- 5. Centralized versus decentralized approaches to multi-country models.- 6. The ‘rise and fall’ of Eurolink.- 7. Linking real and financial markets across different countries.- 8. COMPACT and QUEST models.- 9. Modelling the European integration process.- 10. Conclusion.<p></p>
<p><strong>Antonella Rancan</strong>&nbsp;is a Professor of Economics at the University of Molise.</p>

<p><strong>Francesco Sergi</strong>&nbsp;is an Associate Professor of Economics at the Paris-East Créteil University.</p>
<p>What was the role of economists and economics in the making of the European Union? This book sheds light on the activities of a particular type of economic experts: the macroeconomic modellers of the Directorate General for Economic and Financial Affairs (DG II), who built multi-country macroeconomic models of the European Economic Community. These models aim at studying the macroeconomic interactions between national economies and at providing insights about the effects of coordinating (or not) national economic policies. The book documents the origins, challenges,&nbsp;and progress&nbsp;made&nbsp;by DG II’s experts&nbsp;through&nbsp;building these models.</p>

<p>This book provides&nbsp;insight into the influence of multi-country models on modern economics. It will be relevant to students and researchers interested in the history of economic thought and the development of macroeconomic policy.</p>

<p>&nbsp;</p>

<p><strong>Antonella Rancan</strong>&nbsp;is a Professor of Economics at the University of Molise.</p>

<p><strong>Francesco Sergi</strong>&nbsp;is an Associate Professor of Economics at the Paris-East Créteil University.</p>
Contains interviews for the key figures that helped shape and develop multi-country models Highlights how multi-country models have developed and become more sophisticated over the last half century Sheds light on an important, yet mostly overlooked, aspect of economic decision making and policy making

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