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 language | English (US) |
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Article number | 012166 |
Journal | Journal of Physics: Conference Series |
Volume | 1425 |
Issue number | 1 |
DOIs | |
State | Published - Jan 8 2020 |
Event | International Scientific Conference on Modelling and Methods of Structural Analysis 2019, MMSA 2019 - Moscow, Russian Federation Duration: Nov 13 2019 → Nov 15 2019 |
All Science Journal Classification (ASJC) codes
- Physics and Astronomy(all)