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  • Global: Consultancy Capability
    has been a requirement for more accurate information regarding the costs and benefits of climate change policy Cambridge Econometrics offers a service to help quantify these effects at the sectoral and macroeconomic levels The types of policies assessed may be local national or international in nature They include emission taxes and trading schemes and also energy efficiency and regulation Our approach is one that is empirical in nature and is designed to make maximum use of the available data for the geographical area in question This could mean for example For large countries or global assessment we can apply the E3ME macroeconomic model to quantify both the direct and indirect impacts of climate policy For other countries with detailed data available it may be possible to build a new model for this purpose Where data are more limited a more basic econometric approach may be the more appropriate methodology to use Finally for small countries the analysis could be based on a set of assumptions and accounting relationships One feature of our approach that is common to all these methods is transparency We always aim to make clear the data sources and assumptions used and show how and why the

    Original URL path: http://www.camecon.com/EnergyEnvironment/EnergyEnvironmentGlobal/ConsultancyCapability.aspx (2016-02-14)
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  • UK: Consultancy Capability
    skills policy in the UK is on simplifying the welfare system and making sure work pays making the labour market more flexible efficient and fair and helping people to find and stay in work The challenges that policy makers face many of which have been exacerbated by the recession and lack of recovery include the existence of unemployment hotspots high rates of unemployment within disadvantaged groups such as lone parents and the long term unemployed high rates of part time working which may be an indicator of under employment wide intra regional variations in skills employment and average earnings and relatively high levels of hard to fill vacancies Cambridge Econometrics CE offers core expertise in providing both modelling and non modelling analyses of UK employment and skills issues and policy Our capability includes collecting collating and interpreting labour market information in the context of key drivers to understand current and future labour market trends developing models of the district regional and national economies to provide short and medium term forecasts of employment skills and other labour market indicators of interest application of these and other models for policy evaluation and impact analyses in collaboration with the Warwick Institute for Employment

    Original URL path: http://www.camecon.com/LabourMarket/LabourMarketUK/ConsultancyCapability.aspx (2016-02-14)
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  • Europe: Consultancy Capability
    many countries will likely fall well short of this target In addition to improve both competitiveness and quality of working life a further challenge will be to ensure that people have the appropriate skills to meet the future needs of the labour market Cambridge Econometrics is highly experienced in the analysis and interpretation of data on labour markets and skills in Europe Since 2007 CE has been providing high quality labour demand and supply forecasts at Member State level to CEDEFOP the European Commission s Centre for the Development of Vocational Training Throughout this work CE has developed an extensive network of labour market experts across Europe and has carried out several similar exercises at Member State level Our capability in labour market consultancy includes analysis and visualisation of labour market indicators to communicate key messages to different groups such as policy analysts education and training institutions career advisors and job seekers as demonstrated in CEDEFOP s Skills Panorama developing tools to interpret and characterise labour markets skill needs and skill mismatches such as composite indexes for example to assess the performance of EU Member States skills systems input output tables multiplier analyses quantification of key labour market drivers in

    Original URL path: http://www.camecon.com/LabourMarket/LabourMarketEuropean/ConsultancyCapability.aspx (2016-02-14)
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  • Global: Consultancy Capability
    analysis to areas outside Europe Our approach is empirical in nature which means that we can provide labour market analysis in all world regions where data are available Our international network of experts is able to provide local expertise to our assessments One feature that is common to all of our analysis is the transparency in our approach We always aim to make clear the data sources and assumptions used

    Original URL path: http://www.camecon.com/LabourMarket/LabourMarketGlobal/ConsultancyCapability.aspx (2016-02-14)
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  • Econometrics Training and Evaluation
    well as provide using examples common issues that occur with applying these techniques to real datasets Each course usually consists of theory to help explain the techniques and the underlying principles behind them with the focus as much as possible on the intuition behind the method rather than the algebra class examples to help to reinforce the theory sessions with the course presenter demonstrating worked examples to the participants hands on sessions to allow participants to actively practice the techniques by going through a set of pre prepared examples with a full set of solutions to refer to if needed The courses are run by staff at Cambridge Econometrics who are for the main part involved in applied economics projects often with a policy issue in mind In this respect and in the time available we aim to focus on the intuition and practical use of econometric techniques The courses are not run by academics with little feel for real world policy applications but by practising economists and econometricians Availability of courses If you want to discuss the possibility of running a bespoke course for your organisation or if you are interested in the remote learning option then please contact us using the details below Academic discounts are available Group courses We offer courses on a group basis If you consider you have sufficient people within your organisation to run a group course we have run courses for as few as three people then get in touch and we can discuss your specific needs as a bespoke provision The courses are generally based on a core structure that is modified to suit the requirements of the organisation We aim to keep class sizes relatively low maximum 10 in order to allow time for participants to ask questions and get properly

    Original URL path: http://www.camecon.com/Training/EconometricsTrainingEval/Stata.aspx (2016-02-14)
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  • About our economic modelling courses
    office depending on circumstances Both course are intended for groups If you consider you have sufficient people within your organisation to run a group course then contact us see contact detail below However we also maintain a list of people registering interest in attending these courses The minimum number of participants is six and when this threshold is reached we will contact people to check availability and then arrange a course date that all participants can make If you are interested please contact us see contact detail below Macroeconomic Modelling This one day course is ideal for researchers and policy makers who work with the outputs from macroeconomic models and wish to gain a deeper understanding of the processes involved and the key differences between them This course provides training on the design of macroeconomic models and how they can be applied for forecasting and for scenario analysis The course covers The basic National Accounting structure SAMS and input output tables and how this can be extended for example to include energy demand The key differences between the different modelling approaches including macroeconometric DSGE and computable general equilibrium CGE models How to interpret the results from macroeconomic models Examples of macroeconomic models that are in use and their different purposes E3ME Training This course provides a theoretical and practical guide to Cambridge Econometrics E3ME model Completion of the course is required for obtaining a licence to use the model for personal research This training course consists of a combination of formal training and practical hands on sessions during which the Cambridge Econometrics modelling team works with the course participants to assess some example scenarios The course covers Data sources and construction methods Basic model structure National Accounts and environmental linkages Econometric estimation for the model Constructing a baseline forecast assumptions

    Original URL path: http://www.camecon.com/Training/EconomicModellingCourses_copy1.aspx (2016-02-14)
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  • Econometrics training
    applications of recent techniques Central Bank of Ireland A good mixture of theory applied software and hands on DECC Really great overall DETR Very helpful tutors and clear presentations Very ambitious but very successful I thought it was excellent both in content and presentation The tutor was flexible helpful and managed to generate interest Very good explanations given to questions Everyone remarked on how well the econometrics was explained The method of training worked very well DTI Very challenging and very valuable in giving an insight into what the tool can do for us Hopefully this will enable the team to further improve our capability and on a personal level as a manager give me the information I need to set challenging but achievable targets Those without an econometrics background attending the course were clearly enjoying the sessions and finding them useful Hendersons Global Investors Ben is a good teacher knows his stuff HM Treasury Very good course Would recommend to colleagues Excellent value for money Econometrics is useful and can be fun HMRC Provides right mixture of theory and practice in econometrics for practitioners wishing to brush up on current econometric techniques An excellent course for instilling enthusiasm in macro econometrics and insight into applied analysis King Saud University Saudi Arabia Very informative National Farmers Union Useful introduction to econometrics and EViews Made me realise there s a lot more I need to do before I can start working with models The course run for the NFU by Cambridge Econometrics was excellent It was pitched at just the level we required and delivered both professionally and in a very user friendly manner OFFER Glasgow We were extremely impressed with the course in terms of structure content and delivery It only remains for us to reiterate our thanks for an

    Original URL path: http://www.camecon.com/Training/customer_feedback.aspx (2016-02-14)
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  • Recommended Background Reading
    Econometrics shows how the basic tools of applied econometrics allow the data to speak Peter Kennedy 2008 A Guide to Econometrics 6th Edition A good introductory level with lots of intuitive guidance as well as technical explanations Jeffrey M Wooldridge 2009 Introductory Econometrics A Modern Approach Available onlne at here Jeffrey M Wooldridge 2002 Econometric Analysis of Cross Section and Panel Data Paticularly useful for the panel data course Available

    Original URL path: http://www.camecon.com/Training/RecommendedReading.aspx (2016-02-14)
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