REMI Model Training Series

REMI’s suite of models have been implemented across the United States as governments and organizations analyze the latest policy developments related to transportation, regional demographics, energy, and finance.

REMI economists Jungjun Park, Ph.D. and Leon Zhang will be offering a four-part webinar training series that will feature a different REMI model in each session to provide a comprehensive understanding of how to quantify the impacts of various policy changes to multiple sectors. This webinar series is designed to take both long-time users and anyone interested in economic modeling through the most effective ways of simulating shifts in legislation and telling an economic story with the results.

You are invited to register for any of the following sessions, though we encourage you to join us for all four:

Session 1: Understanding “What If?” Policy Questions with PI+
The first session of this training series explores the features within our flagship PI+ model that allow users to understand the total effect of policy on a region’s economy. We will also review the comprehensive list of policy variables available in the software that help interpret the prospective economic and demographic effects of legislative changes, as well as illustrate the model’s ability to forecast the future during times of uncertainty.

[Slides]REMI Model Training Series – Session 1: Understanding “What If?” Policy Questions with PI+ – Jungjun Park, Ph.D., REMI

[Recording]REMI Model Training Series – Session 1: Understanding “What If?” Policy Questions with PI+ – Jungjun Park, Ph.D., REMI

Session 2: Transportation Analysis using TranSight
The REMI TranSight model has been implemented in numerous studies to assess the total economic effects of transportation system changes. Our second training series session will explain how the model combines economics and travel demand modeling in order to display how transportation improvements make economies competitive.

[Slides]REMI Model Training Series – Session 2: Transportation Analysis using TranSight – Leon Zhang, REMI

[Recording]REMI Model Training Series – Session 2: Transportation Analysis using TranSight – Leon Zhang, REMI

Session 3: Estimating Economic & Fiscal Impacts in Tax-PI
Our third session demonstrates how to forecast the economic effects of tax policy changes in Tax-PI as we identify the most beneficial methods for calculating the fiscal effects of alternative tax scenarios. This webinar describes the value and importance of state officials thoroughly examining the short- and long-term impacts of any taxation decisions so that they can best serve their region.

[Slides]REMI Model Training Series – Session 3: Estimating Economic & Fiscal Impacts in Tax-PI – Jungjun Park, Ph.D., REMI

[Recording]REMI Model Training Series – Session 3: Estimating Economic & Fiscal Impacts in Tax-PI – Jungjun Park, Ph.D., REMI

Session 4: Energy, Environment, Economics, & E3+
The total economic impact of altering electric rates, investing in energy production, and incorporating new power sources can all be evaluated using the new REMI E3+ model. Participants in our fourth session will be shown how our energy model can be used to create rules that both improve the overall environment and maintain a healthy economy.

[Slides]REMI Model Training Series – Session 4: Energy, Environment, Economics, & E3+ – Leon Zhang, REMI

[Recording]REMI Model Training Series – Session 4: Energy, Environment, Economics, & E3+ – Leon Zhang, REMI

Gabriel Ehrlich, Ph.D. & Jim Robey, Ph.D. – COVID-19 Recovery: National Macroeconomic Outlook & Regional Economic Implications

[Slides]Changes to a State and Regional Forecast Due to COVID – Jim Robey, Ph.D. & Katie Bolter, Ph.D., W.E. Upjohn Institute for Employment Research

[Slides]Modeling the Economic Outlook in the Time of COVID-19 – Gabriel Ehrlich, Ph.D., University of Michigan

[Recording]COVID-19 Recovery: National Macroeconomic Outlook & Regional Economic Implications – Gabriel Ehrlich, Ph.D., University of Michigan, Jim Robey, Ph.D., & Katie Bolter, Ph.D., W.E. Upjohn Institute for Employment Research

States and communities across the nation have begun to implement steps to reopen and initiate their economic recovery while closely monitoring the COVID-19 pandemic. The near- to mid-term macroeconomic outlook continues to change in regards to the national, industrial, and regional specific implications as several dynamic factors interact to alter the trajectory of the recovery.

Please join REMI on Wednesday, June 24th from 2:00 to 3:00 p.m. (ET) for our guest webinar on the “COVID-19 Recovery: National Macroeconomic Outlook & Regional Economic Implications.” REMI will host two experts on this webinar to provide a national outlook and recommendations on modeling the regional economic and labor force implications of COVID-19 recovery scenarios.

Dr. Gabriel Ehrlich, Director of the University of Michigan Research Seminar in Quantitative Economics (RSQE), will present highlights from their most current forecast and offer commentary on the shifts of the recovery through 2022. We will also be joined by Dr. Jim Robey, Director of Regional Economic Planning Services at W.E. Upjohn Institute for Employment Research, who will discuss regional implications and trends in industry employment and labor force demands.

During this presentation, Dr. Ehrlich and Dr. Robey will discuss considerations to make when modeling COVID-19 recovery scenarios and similar analysis in REMI.