DINA Model

The aim of the project is to build a macroeconomic model, which is consistent with data from National Accounts on the one hand and the empirical distribution of incomes and wealth in an economy on the other. The model equations reflect the interaction of the distribution of incomes and wealth, and macroeconomic variables. With such a model it is possible to simulate the macroeconomic and distributional effects of economic policy measures taking interactions between distribution and the macroeconomy into account.