Hector Pollitt, Head of Modelling of Cambridge Econometrtics, explores: what is economic modelling anyway and why do we do it? In the world of policy analysis models aim to represent the societies and economies that we live in, all held within a computer system. We do...
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MONROE PROJECT
A MODELLING TOOLKIT
The MONROE project aims at developing a modelling toolkit and an interactive online tool that would allow a broad range of stakeholders such as European and national governments, academia, regional and local bodies to quantitatively evaluate the impacts of their specific research and innovation (R&I) policies and programmes.
The toolkit will assess medium and long-term impacts of R&I policies and programmes on economic growth, job creation, competitiveness, social inequality and sustainability at various geographical levels ranging from world-wide to European, country and regional levels and for various economic sectors.
