Using counterfactuals from macroeconomic models to assess risks to accomplishment of structural innovations

D. Passmore, V. Borkovskaya

Research output: Contribution to journalConference articlepeer-review

7 Scopus citations

Abstract

A macroeconomic model often described as an input-output model, is specified mathematically to characterize production and consumption in an economy. Perturbations of attributes this macroeconomic model allow the examination of counterfactuals-hypothetical scenarios that run "counter to the facts" of an existing reality-to assess risks to accomplishments of structural innovations in light of plausible endogenous or exogenous shocks to the economy.

Original languageEnglish (US)
Article number012166
JournalJournal of Physics: Conference Series
Volume1425
Issue number1
DOIs
StatePublished - Jan 8 2020
EventInternational Scientific Conference on Modelling and Methods of Structural Analysis 2019, MMSA 2019 - Moscow, Russian Federation
Duration: Nov 13 2019Nov 15 2019

All Science Journal Classification (ASJC) codes

  • Physics and Astronomy(all)

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