PhiMac Seminar -Adam Profetto - Some Keen Enhancements to the Keen Model
Speaker: Adam Profetto (McMaster University)
Title: Some Keen Enhancements to the Keen Model
Abstract: The Keen Model is a basic macroeconomic model that consists of a system of ODEs modelling the evolution of a closed financial system. For the past ten years work has been done to better the Keen Model and have it echo a more consistent economic landscape. Follow along as we continue on the journey by addressing some very crucial downsides to the current Keen Model as we know it.