NiGEMWEB is an easy to use interactive site designed to provide economists with the latest forecasts,economic scenarios, and access to the latest National Institute of Economic and Social Research macro-research.

Benefits of subscribing to NiGEMWEB include:

• provides instant and easy access to the global forecasts produced by the National Institute of Economic and Social Research (NIESR). The forecasts are based on the results from NIESRs internationally known economic software, NiGEM, which is widely used both within the policy community (central banks and finance ministries) and the commercial sector.
• covers over 40 individual countries and 13 regions to provide a comprehensive overview of the state of the world economy in todays climate.

NiGEM (National Institute Global econometric Model) is based on estimation using historical data. It thus strikes a balance between theory and data and enables using NiGEM both for policy analysis and forecasting.

The structure of the NIGEM is designed to correspond to macroeconomic policy needs. NiGEM is a structured around the national income identity, can accommodate forward looking consumer behaviour and has many of the characteristics of a Dynamic Stochastic General Equilibrium (DSGE) model. Unlike a pure DSGE model, NiGEM is based on estimation using historical data.

Benefits of subscribing to NiGEM include:

• Easy to use Windows® Interface
• Historical data back to 1961
• Quarterly detailed forecasts with access to over 4000 economic variables
• Extensive user-choices as well as Wizards for the more common scenarios
• Advanced users can change the model itself
• Full subscription to NiGEMWEB and the NIESR Economic Review

The National Institute Economic Review is the quarterly journal of the National Institute of Economic and Social Research, published quarterly in January, April, July and October of each year.

Each edition includes detailed forecasts of both UK and World economies, commentary on current issues, a comprehensive statistical appendix and articles by NIESR researchers and external authors.