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Competence Centre on Microeconomic Evaluation

We advise and support EU policy making through ex-post causal evaluation and data-driven microeconomic analysis.

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Knowledge service Microeconomic Evaluation Geographic coverage Global Content type Publication
PUBLICATION | 2 October 2019
This paper revisits the traditional ‘circular flow’ of the macroeconomy (Samuelson, 1948) and reworks it to capture the use of big data and artificial intelligence in the economy. The characterisation builds on the multifaceted...