Overview of the NiGEM-S Model: Scottish Version of the National Institute Global Econometric Model

Ian Hurst, Iana Liadze, Katerina Lisenkova

Research output: Working paperDiscussion paper

Abstract

The NiGEM-S model is based on the National Institute Global Econometric Model, NiGEM, a large-scale structural macro-econometric model of the world economy, which the National Institute has been developing since 1987. NiGEM is used for forecasting and policy analysis by NIESR and model subscribers, mainly in the policy community, including the ECB, the IMF, the OECD, the FSA, the Bank of England, and the central banks of France, Germany, Italy, Netherlands, Spain, Portugal and the Czech Republic. NiGEM-S has two additional countries/regions and one extra-regio sector – Scotland, the rest of the UK and North Sea oil and gas sector – which are used in conjunction with the current UK model. The simulation options are limited to those affecting Scotland, the rest of the UK or North Sea oil and gas sector. NiGEM-S will be available[1] from the National Institute in Q2 2014 with a user-friendly ‘front-end’ specifically designed to facilitate simulation analysis. [1] For details check http://nimodel.niesr.ac.uk/
LanguageEnglish
Place of PublicationLondon
Number of pages21
Volume422
Publication statusPublished - 24 Jan 2014

Publication series

NameNIESR Discussion Papers

Fingerprint

Econometric models
Oil
North Sea
Gas
Scotland
Spain
Czech Republic
Simulation
Macroeconometric model
World economy
Portugal
Policy analysis
Italy
Bank of England
The Netherlands
Simulation analysis
Central bank
France
Front-end
Germany

Keywords

  • simulation analysis
  • global economic conditions

Cite this

Hurst, I., Liadze, I., & Lisenkova, K. (2014). Overview of the NiGEM-S Model: Scottish Version of the National Institute Global Econometric Model. (NIESR Discussion Papers). London.
Hurst, Ian ; Liadze, Iana ; Lisenkova, Katerina. / Overview of the NiGEM-S Model : Scottish Version of the National Institute Global Econometric Model. London, 2014. (NIESR Discussion Papers).
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abstract = "The NiGEM-S model is based on the National Institute Global Econometric Model, NiGEM, a large-scale structural macro-econometric model of the world economy, which the National Institute has been developing since 1987. NiGEM is used for forecasting and policy analysis by NIESR and model subscribers, mainly in the policy community, including the ECB, the IMF, the OECD, the FSA, the Bank of England, and the central banks of France, Germany, Italy, Netherlands, Spain, Portugal and the Czech Republic. NiGEM-S has two additional countries/regions and one extra-regio sector – Scotland, the rest of the UK and North Sea oil and gas sector – which are used in conjunction with the current UK model. The simulation options are limited to those affecting Scotland, the rest of the UK or North Sea oil and gas sector. NiGEM-S will be available[1] from the National Institute in Q2 2014 with a user-friendly ‘front-end’ specifically designed to facilitate simulation analysis. [1] For details check http://nimodel.niesr.ac.uk/",
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Hurst, I, Liadze, I & Lisenkova, K 2014 'Overview of the NiGEM-S Model: Scottish Version of the National Institute Global Econometric Model' NIESR Discussion Papers, London.

Overview of the NiGEM-S Model : Scottish Version of the National Institute Global Econometric Model. / Hurst, Ian; Liadze, Iana; Lisenkova, Katerina.

London, 2014. (NIESR Discussion Papers).

Research output: Working paperDiscussion paper

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AB - The NiGEM-S model is based on the National Institute Global Econometric Model, NiGEM, a large-scale structural macro-econometric model of the world economy, which the National Institute has been developing since 1987. NiGEM is used for forecasting and policy analysis by NIESR and model subscribers, mainly in the policy community, including the ECB, the IMF, the OECD, the FSA, the Bank of England, and the central banks of France, Germany, Italy, Netherlands, Spain, Portugal and the Czech Republic. NiGEM-S has two additional countries/regions and one extra-regio sector – Scotland, the rest of the UK and North Sea oil and gas sector – which are used in conjunction with the current UK model. The simulation options are limited to those affecting Scotland, the rest of the UK or North Sea oil and gas sector. NiGEM-S will be available[1] from the National Institute in Q2 2014 with a user-friendly ‘front-end’ specifically designed to facilitate simulation analysis. [1] For details check http://nimodel.niesr.ac.uk/

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Hurst I, Liadze I, Lisenkova K. Overview of the NiGEM-S Model: Scottish Version of the National Institute Global Econometric Model. London. 2014 Jan 24. (NIESR Discussion Papers).