The model, developed and maintained by EA and Oxford Economic Forecasting (OEF),
and embedded in OEF's Global Macro
Model (the most widely-used commercial model in the world) is open for subscription by companies
interested in having in-house capacity for spontaneous scenario analysis.
The model can be used to:
Quantify the impacts of government policies and shocks to key economic variables, such as oil
and other commodity prices, exchange rates, inflation, liquidity, capital flows, and interest rates,
on the whole economy and on specific sectors;
Assess the vulnerability of key decision groups (such as government, consumers, producers,
banking and financial systems) to economic shocks and policy changes;
Estimate and forecast key economic variables in monthly, quarterly and annual frequencies;
The model can be extended to examine the impact on individual enterprises, e.g. effect on cash
flow and profits.
The model will be available in easy-to-use, Windows-based software which makes it very easy to:
Change assumptions for key economic variables to produce new forecasts or scenarios
Add new variables and equations to our models
Produce presentation-quality graphics
Download data from the model into spreadsheets and other data-handling packages
Build mini economic models
What Subscribers Will Get
Cyclical swings: global commodity prices and non-oil sectors
Spending swings: consumption, investment and growth
Financial prices: inflation, liquidity, and the exchange rate premium
Financial assets: cash, deposits, loans, bonds and equities
Credit markets: disparities between inter-bank rates, treasury bill rates and bank rates
Our demo revealed that these are fully captured in the
model. In addition, the model offers:
In-house capability to estimate and forecast on 184 variables on a going basis within a
user-friendly windows based Software
Full access to the EA-OEF database with a password to download updates to EA-OEF database,
data estimates and forecasts
Quarterly information on changes in assumptions underlying the model plus the
flexibility to add
new variables or define new equations to undertake scenario analysis
Regular Access to EA & OEF staff through e-mail and telephone
EA and OEF will provide telephone and e-mail support, as well as regular training workshops for
clients.
