The Macroeconomic Model Data Base wins new users

Since the release of the new version 2.0 in February, the Macroeconomic Model Data Base (MMB) has increased the number of registered users by 40 per cent.

Thus, more than 6200 researchers worldwide use the computational platform where Volker Wieland and his team have included over 60 macroeconomic models.

In the open archive, which is accessible via internet under, 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. 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.