The history of macroeconometric model-building is comprehensively documented in Fair (1984, 1994), Bodkin et al. (1991), Hendry and Mizon (2000), Favero (2001), Pagan (2003a, b), Bårdsen et al. (2004, 2005), Valadkhani (2004), Hendry and Muellbauer (2018), Jelić and Ravnik (2021) inter alia. Also, history and macroeconometric modeling activities over the world and their classification are documented in Welfe (2013).