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Tag: link

LINK is a project started in 1968 by Wharton Econometric Forecasting Associates or WEFA, (now Global Insight), to build the world’s first global macroeconomic model, linking models of many of the world’s countries so that the effect of changes in the economy of one country are reflected in other countries. The project was initiated in 1968 under the auspices of the U.S. Social Science Research Council and the leadership of Nobel Laureate Lawrence Klein and was mentioned in his citation for the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel in 1980. Since then, Project LINK has expanded from a core of 11 researchers and seven country models to 79 models at the present time for a comprehensive coverage of the world economy. This large cooperative, non governmental, international research consortium is based on a world wide network of participants in more than 60 countries, and it is internationally recognized as a leading center of quantitative international…