Coronavirus: initial results from economic modelling
The economic impacts of the novel Coronavirus, known as COVID-19, are uncertain but expected to be severe, in this post we provide an analysis with our macro-econometric model E3ME
The economic impacts of the novel Coronavirus, known as COVID-19, are uncertain but expected to be severe, in this post we provide an analysis with our macro-econometric model E3ME
How Keynes’ ideas and general theory drives complexity economics, our understanding of economic systems and E3ME modelling – Hector Pollitt connect the dots
In September 2019 our latest book, Energy, Environmental and Economic Sustainability in East Asia, was published. It presents the results of our recent research with the REEPS network of environmental and ecological economists in East Asia.
Our analysis highlights some o…
E3ME continues to evolve with the hard work of our team of modellers here at Cambridge Econometrics and the input of our highly valued academic collaborators.
So, it is once again time for improvements.
E3ME version 7.0 is currently near completion and w…
The critics of macroeconomic modelling often refer to the models as ‘black boxes’, mystifying entities whereby data is input and a set of results come out at the other side – the inner workings of the model itself are opaque.
It’s important to us that our tools, th…
Blog by Michael I. Westphal, Dora Fazekas and Leonardo Garrido originally posted on the World Resources Institute website here.
The world is vastly underestimating the benefits of acting on climate change. Recent research from the Global Commission on the Economy and Cl…
Like the economy, E3ME is evolving
The model is currently being developed to incorporate further feedbacks, including the important links between local air pollution and human health, which will impact on the economy but also be important in their own right. The land use tool …