European Macroeconometric Modelling: The Early Years

Antonella Rancan and Francesco Sergi ()
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Francesco Sergi: Paris-Est Créteil University

Chapter Chapter 2 in Modelling Europe, 2024, pp 19-59 from Springer

Abstract: Abstract This chapter provides a comparative European perspective about the history of macroeconometric modelling in the 1960s and early 1970s. This is the background for the development of multi-country macroeconometric models developed by the DG II in the 1970s. This chapter highlights the tensions and cross-fertilisation between, on the one hand, national traditions of macroeconomic modelling and, on the other hand, the US-based approach to large-scale macroeconometric modelling. Three national cases are investigated: Italy, France and Belgium.

Keywords: History of economics; History of macroeconomics; Economic experts; Macroeconometric models; Multi-country models; Italian economists; Belgian economists; French economists; Americanisation of economics; Internationalisation of economics (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-63091-0_2

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DOI: 10.1007/978-3-031-63091-0_2

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