BeTa-MKV An Estimated General Equilibrium Open Economy Monetary Model of Interacting European Economies
policy support
policy role
Macroeconomic modelling using the BeTa model is able to control for the complex economic interactions which might result from, for example, impacts of additional taxes used to fund the training entitlements. As a forecasting model, it is able to provide an assessment of medium to long-effects on output and employment.
policy cycle
This model contributes to the following phases of the policy cycle
policy areas
This model can contribute to the following policy areas
Agriculture and rural development
Banking and financial services
Borders and security
Budget
Business and industry
Climate action
Competition
Consumers
Culture and media
Customs
Digital economy and society
EU enlargement
Economy, finance and the euro
Education and training
Employment and social affairs
Energy
Environment
European neighbourhood policy
Food safety
Foreign affairs and security policy
Fraud prevention
Home affairs
Humanitarian aid and civil protection
Institutional affairs
International cooperation and development
Justice and fundamental rights
Maritime affairs and fisheries
Migration and asylum
Public health
Regional policy
Research and innovation
Single market
Sport
Statistics
Taxation
Trade
Transport
Youth
impact assessment studies
Starting from July 2017, this model supported the ex-ante impact assessments of the European Commission listed below.
- 10 December 2021