Roubini ThoughtLab teams up with the UK’s National Institute of Economic and Social Research to provide next-generation analytics

Share Article

New analytics toolkit combines the National Institute Global Econometric Model with Roubini’s economic analysis and Macrobond’s charting platform

Roubini ThoughtLab, an innovation hub for business analytics and thought leadership, today announced an agreement with the National Institute of Economic and Social Research (NIESR), Britain’s longest established independent economic research institute to offer a next-generation portfolio of global analytical tools and services.

The arrangement combines the econometric modeling expertise of the National Institute, with the global economic capabilities of Roubini Global Economics (RGE), and an advanced data analysis platform from Macrobond. By bringing together best-in-class quantitative tools and insight-based analysis from leading firms, Roubini ThoughtLab will be able to provide tailored decision-support and thought leadership that goes beyond today’s traditional approaches.

The toolkit blends NIESR’s renowned global econometric model with RGE’s valuable global economic analysis and Macrobond’s user-friendly analytics platform to unearth risks and opportunities missed by conventional research. The suite of services includes advanced quantitative tools for scenario analysis, stress testing, risk assessment, country analysis, and data visualization.

“Traditional macroeconomic analysis is no longer adequate for today’s high-speed, interconnected global economy,” said Lou Celi, CEO of Roubini ThoughtLab. “To fill the gap, Roubini ThoughtLab has teamed up with the National Institute, Macrobond, and other global research leaders to deliver a suite of next-generation analytical tools. Rather than just providing forecasts, these tools allow companies to create tailored scenarios and risk assessments to decipher today’s events.

Access to the world’s leading global econometric model

At the center of the combined analytics offering is the National Institute Global Econometric Model (NiGEM). The model, widely considered best-in-class, enables organizations to develop bespoke forecasts and rigorous scenarios to understand the effects of alternative macro trends and policy decisions. Developed in 1987 by the prestigious National Institute, NiGEM integrates 60 rigorous country and regional models through trade and financial flows, with comprehensive forecasts out to 2044 and historical data back to 1961. The model, which is updated quarterly, comes with customizable, transparent architecture and a user-friendly front end.

NiGEM’s current users include private and public-sector institutions, including the world’s leading government organizations, such as the OECD, ECB, Bundesbank, the Bank of England, Banca d'Italia and the Banque de France. The pedigree of users is a testament to the rigor of the model: For a macro-econometric model to be useful for policy analysis, it must offer robust long-term equilibrium properties and superb forecasting and stress testing capabilities
The NiGEM service includes a quarterly updated forecast database containing 20,000 economic variables; 20 regularly updated macro scenarios; the quarterly National Institute Economic Review, including outlooks for the global economy and commentary on critical current issues; and analytical support and training from NIESR’s team of over 30 economists and specialists. Roubini ThoughtLab has the exclusive rights to offer the NIESR model in the Americas.

Dame Frances Cairncross, current Director of the National Institute, said, “We are proud to be able to contribute to Roubini ThoughtLab’s Global Analytics Toolkit. NiGEM, which has been in continuous use and development for almost 30 years, is one of the world’s most sophisticated global econometric models. It is used by some of the world’s most prestigious international organizations, and can be employed to produce forecasts of the global economy and to generate rigorous scenarios in order to analyze the impact of a wide variety of policy decisions and risks to the global outlook.”

Offered in custom packages with other best-in-class analytical tools

Roubini ThoughtLab’s Global Analytics Toolkit provides access to RGE’s core analytical portfolio and visualization tools. This includes Country Insights, a customizable model that measures country risk and opportunities in 174 economies using Dr. Nouriel Roubini’s unique National Balance Sheet Approach, which he used to accurately predict the Great Recession in 2008-09. The package also includes all of RGE’s economic forecasts, scenario analysis, published research and events-driven insights—and access to RGE’s worldwide team of 40 economists, who draw on NiGEM for their own economic analysis.

In addition, Roubini ThoughtLab’s Global Analytics Toolkit includes the world-class Macrobond analytics platform. This platform gives executives instant access to 25-plus million economic and financial time series in the core package alone, with powerful built-in analytics and instant data visualization capabilities. This user-friendly platform covers over 200 world markets with regularly updated data from supranational agencies, central banks, statistical offices, national data sources, survey providers, and financial organizations.

“I am very excited about bringing together the National Institute’s strength in econometric modeling and scenario analysis with the best-in-class analytical tools from RGE and Macrobond,” said Lou Celi, CEO of Roubini ThoughtLab. “Our goal is to provide thought leaders and decision makers with new analytical tools for accurately assessing opportunities and risks in today’s increasingly complex world.”

About Roubini ThoughtLab
The business innovation arm of Roubini Global Economics, Roubini ThoughtLab is a trend-setting thought leadership company that partners with organizations to develop successful strategies for building business with corporate and government decision-makers in today's hyperconnected, analytics-driven world. Unlike traditional information providers, Roubini ThoughtLab blends leading-edge quantitative and qualitative research with compelling content formats to create distinctive, ground-breaking decision support and thought leadership. An agile, collaborative enterprise, Roubini ThoughtLab draws on the diverse skills of its management team, alliance partners and expert network to deliver the highest quality, end-to-end analytical solutions. For more information about Roubini ThoughtLab see:

For further information from Roubini ThoughtLab, contact:

Lou Celi
Chief Executive
Roubini ThoughtLab
Phone: 917-459-4614
Email: lou(at)thoughtworks360(dot)com

NIESR press office:
Luca Pieri
Phone: +44(0) 20 7654 1931
Email: l(dot)pieri(at)niesr(dot)ac(dot)uk

For NiGEM enquiries outside the Americas:

Ian Hurst
Chief Technical & Operations Manager, NiGEM, NIESR
Phone: +44 (0)20 7654 1947
Email: i(dot)hurst(at)niesr(dot)ac(dot)uk

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Lou Celi
Visit website