Advances in the Modelling of Innovation and Finance in Macroeconomic Models
Experts from several research projects met in Paris to discuss the Advances in the Modelling of Innovation and Finance in Macroeconomic Models.
The event, held on 13-14 October 2016 in Paris, was an informal meeting targeted at understanding the current state of the art of incorporating endogenous technological change into top-down macroeconomic modelling tools, including equilibrium-based models such as GEM-E3 and econometric/disequilibrium models, as well as understanding and sharing the practical experiences and difficulties involved in implementing such innovation modelling. With several projects focussed on issues related to the area (GREEN-WIN, SINCERE, INNOPATHS, RIPPLES, CIRCLE) this meeting was a chance to learn from each other’s practical experiences in an open environment, and thereby inform a number of model-based projects developing over the coming year(s).