All posts from: April 2018

What is macroeconomic modelling? And why do we do it?

What is macroeconomic modelling? Why do we use macro economic models?

Hector Pollitt, our Head of Modelling, explores: what is macroeconomic modelling? And why do we do it?
“I am not a fan of economic models because they have all proven wrong.”* David Davis MP, Secretary of State for Exiting the EU, December 2017. Is this the case? Is it rea…