About Us > Senior staff > CV of Rachel Beaven
 | Rachel Beaven Director BSc (Bath) |
Rachel Beaven specialises in the application of economic modelling to policy analysis, policy evaluation and forecasting, for government and private sector clients. She has wide experience in directing and managing projects, notably in the areas of skills and employment, and the analysis of industry sectors.
Rachel contributes to the preparation of CE's regular UK forecasts, taking the lead on the preparation of the overall macroeconomic outlook, and oversees the development of CE's Multisectoral Dynamic Model (MDM-E3) to support CE's capabilities in UK sectoral analysis and forecasting. Her prior hands-on experience in maintaining, developing, operating and interpreting the UK model MDM-E3 enables her to oversee the implementation of developments common to CE's suite of sectoral E3 (economy-energy-environment) models.
Rachel has managed and undertaken a variety of impact studies and simulation exercises using MDM-E3 to prepare scenarios in which the effects of various sets of alternative assumptions are modelled. Examples include: for the UK Commission of Employment and Skills, the application of MDM-E3 to investigate the contribution of policy interventions to rebalancing the UK economy; a series of model simulations to investigate alternative scenarios for future skills needs for HM Treasury and the Leitch Review of Skills; a high profile project for the Sector Skills Development Agency (SSDA) which provided an analysis of the skills needs for a successful London 2012 Olympic and Paralympic Games; modelling combined heat and power options for the UK for the Department of Trade and Industry; examining the impact of the Climate Change Levy for HM Customs and Excise; the Working Futures 1, 2, 3 and 4 detailed analyses of labour market projections for the SSDA, Learning and Skills Council and most recently the UK Commission for Employment and Skills.
She also manages and directs projects to apply econometric and modelling techniques to the analysis of specific issues. Recent examples include: for Motability Operations, an audit of their econometric model to forecast residual values of vehicles; for Wissenbach Private Clients the audit and enhancement of their 'Magic Number' modelling tool; for the Department of Energy and Climate Change, the analysis of the English Housing Survey (EHS) and associated modelling work; for the Health and Safety Executive (HSE) a study to investigate the feasibility and main challenges of substantially improving HSE evidence of how its range of ongoing activities contribute to reducing death, injury and cases of ill health (health and safety, H&S, outcomes) caused by work; for the East of England Development Agency the application of a growth accounting approach to assess the contribution that labour and skills make to economic growth in the East of England region; for the Department for Environment, Food and Rural Affairs a study to develop and test a framework to assess the impact of business resource efficiency on employment and competitiveness; for the Department for Business, Innovation and Skills the development of a framework to assess the economic impact of further education; for the UK Commission for Employment and Skills the development and implementation of an evidence base framework for labour market intelligence; an updated assessment of the UK skills and productivity performance for the SSDA; a study for the Department for Transport to identify how people's choice of which car to purchase responds to changes in: the purchase price of cars; the fixed costs of motoring (eg insurance, vehicle excise duty); and the variable costs of motoring (eg maintenance, fuel costs); a study for the SSDA into the feasibility of using statistical modelling to inform the longer term evaluation of the Skills for Business Network; a study for the UK Film Council of the economic impact of the screen industries in the UK; a project to enhance the economic modelling capability of the Ministry of Economic Services in Malta, which included the construction of a sectorally-disaggregated model for Malta; a study for the Department for Education and Skills using econometric modelling to assess the impact on performance of the Further Education Colleges Standards Fund; a study for the DTI Future & Innovation Unit assessing the contribution of medium-sized firms to economic performance and the factors influencing that contribution; a study for the Director General of the Research Councils modelling the economic impact of information and communications technologies and biotechnology with a five-year forecast horizon; and a study for the BBC analysing the factors determining the evasion rate for television licences.
Rachel also presents and contributes to the development of CE's group-based econometrics training courses held at clients' offices in and around the UK.
Rachel acts as an internal auditor for CE's Quality Management System.