Modelling Europe
A History of Multi-Country Models at the European Commission (1970-2005)
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Beschreibung
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, and progress made by DG II’s experts through building these models.
This book provides 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.
Antonella Rancan is a Professor of Economics at the University of Molise.
Francesco Sergi is an Associate Professor of Economics at the Paris-East Créteil University.
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, and progress made by DG II’s experts through building these models.
This book provides 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.
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
Autor*in
Antonella Rancan
Themen in »Modelling Europe«
Multi-country economic models Lawrence Klein and Rudolf Rhomberg’s Project Link Macro econometric activities SSRC committee The European integration process Eurolink COMPACT and QUEST models Modelling the European integration process Multi-country macroeconometric models History of multi-country economic models
Stimmen zu »Modelling Europe«
“This book offers an excellent overview of multi-country modelling at the European Commission. The book is very well written and very didactic. It also indicates paths for further research.” (Ivo Maes, OEconomia, Vol. 15 (1), 2025)
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