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Box B: Expanding country models in NiGEM

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  • Cornforth, Ed

Abstract

Eagle-eyed followers of the National Institute may have noticed that our NiGEM model has recently seen the introduction of several new country models. NiGEM is an integral component of our global forecast, and in our most recent forecast rounds expanded country models have been added for Malaysia, Romania, and South Africa. This box explores why we expand the model, the process we use to do so, and some of the common difficulties that arise when we do and how we overcome them.

Suggested Citation

  • Cornforth, Ed, 2023. "Box B: Expanding country models in NiGEM," National Institute Global Economic Outlook, National Institute of Economic and Social Research, issue 12, pages 47-52.
    • Handle: RePEc:nsr:niesrb:i:12:y:2023:p:47-52
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