New Macroeconomic Model Data Base (MMB) website allows easier access

The computational platform "Macroeconomic Model Data Base" (MMB) allows even easier access at as well as under the heading "Research" of the IMFS website. Besides, the more than 6.800 registered users now have a personal user profile.

This public archive of Volker Wieland and his team has increased the number of registered users by almost 10 percent within a year.

In the open archive users can analyze in various models at the same time the consequences of a cut or a rise in interest rates, a tax reform or a stimulus package. Models of the Federal Reserve, the European Central Bank, the European Commission, the International Monetary Fund as well as the central banks of Sweden, Canada and Chile are already integrated on the platform. At the moment, more than 60 models are included.

The tool clarifies the strengths and weaknesses of different models. Also the results of other studies can be checked. Basically, with the help of the MMB researchers can develop recommendations which show positive effects across different models.

Besides Volker Wieland, the Modelbase team consists of the IMFS researchers Elena Afanasyeva, Ph.D., Meguy Kuete Ngougning and Jinhyuk Yoo.