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

Author:   Antonella Rancan ,  Francesco Sergi
Publisher:   Springer International Publishing AG
ISBN:  

9783031630934


Pages:   147
Publication Date:   22 August 2025
Format:   Paperback
Availability:   Manufactured on demand   Availability explained
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Modelling Europe: A History of Multi-Country Models at the European Commission (1970-2005)


Overview

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.

Full Product Details

Author:   Antonella Rancan ,  Francesco Sergi
Publisher:   Springer International Publishing AG
Imprint:   Palgrave Macmillan
ISBN:  

9783031630934


ISBN 10:   3031630939
Pages:   147
Publication Date:   22 August 2025
Format:   Paperback
Publisher's Status:   Active
Availability:   Manufactured on demand   Availability explained
We will order this item for you from a manufactured on demand supplier.

Table of Contents

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.

Reviews

“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)


Author Information

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.

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