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Modeling Moments of Crisis: The Case of Ireland

Paper Grantee paper | | Nov 2012

Ireland has experienced a series of interlocking banking, fiscal, unemployment and political crises since 2007.

Method to simultaneously determine stock, flow, and parameter values in large stock flow consistent models

Paper Grantee paper | | Jun 2012

Stock flow consistent macroeconomic models suffer from the lack of a coherent estimation method due to the complicated nature of the modeling process.