This report presents ongoing research on the history of the Committee on Economic Stability of the Social Science Research Council (1959-1995), which played a major role in the consolidation of large-scale macroeconometric modeling in postwar United States, both inside and outside academia. A key characteristic of the Committee's projects was their scale, which largely surpassed previous model-building work. This feature provides interesting insights into the relevance of the Committee's work in shaping macroeconomics in the postwar period. The Committee's records offer a most valuable source for reevaluating the history of macroeconomics, since much of applied economics and economics outside of academia has been neglected in the historiography of economics.
The SSRC’s Committee on Economic Stability and the Consolidation of Large-Scale Macroeconometric Modeling in Postwar United States
by Juan Acosta
Oct 7, 2020