REMI-DEI

The premium modeling solution for evaluating the Diversity, Equity, and Inclusion (DEI) impacts of projects and policies.

REQUEST DEMO

REMI-DEI One Pager

Decision-makers employ REMI-DEI to understand the relationship between public policies in their industry and the varying economic effects across demographic groups.

REMI-DEI is a premium software tool for economic impact analysis that can assess the core issues of diversity, equity, and inclusion programs and practices to pave a way towards more informed policymaking. This premium component can be added to any REMI model to fortify your DEI analysis on your local, state, regional or national economy.

These core factors that can be assessed using REMI-DEI includes:

  • Jobs by Race/Gender
  • Regional Disparities by County
  • Labor Force by Race/Gender
  • Jobs by Education Level
  • Income by Quintile
  • Inflation Impact by Income
  • Please click here for a demonstration that illustrates how analysts can evaluate the DEI implications of public policies using REMI’s economic modeling software.

    APPLICABLE INDUSTRIES:

    Education
    Housing and Community Development
    Taxation
    Energy and Environment
    Immigration
    Healthcare and Social Services
    Transportation
    Labor and Workforce Development
    Consulting Firms

    REMI-DEI Presentation Series

    Transportation and Diversity, Equity, and Inclusion
    Universities’ Economic and Diversity, Equity and Inclusion Impacts
    Diversity, Equity, and Inclusion in Workforce Development
    Tax Policy and Diversity, Equity and Inclusion


    REMI SOLUTIONS CENTER

    PI+

    The next generation of economic modeling that builds confidence in your policy recommendations and examines the economic future of your region.

    REQUEST DEMO

    PI+ One Pager

    MODEL APPLICATIONS

    PI+ is the premier software solution for conducting dynamic macroeconomic impact analysis of public policy. As our flagship model, PI+ specializes in generating realistic year-by-year estimates of the total local, state, and national effects of any specific policy initiative.

    Using a wide range of policy variables to represent the policy being evaluated, REM’s explicit model structure helps the user interpret the forecasted economic and demographic effects. The model can be calibrated to any sub-national area for policy analysis and forecasting, and is available in single- and multi-area configurations. Each calibrated area (or region) has economic and demographic variables to test the effects of any policy on a local economy.

    Model simulations estimate comprehensive economic and demographic effects in wide-ranging initiatives, such as: economic impact analysis; policies and programs for economic development, infrastructure, environment, energy and natural resources.

    PI+ is used by government agencies (including most U.S. state governments), consulting firms, nonprofit institutions, universities, and public utilities. Articles about the model equations and research findings have been published in professional national journals, including the American Economic Review, The Review of Economic Statistics, the Journal of Regional Science, and the International Regional Science Review.

    MODEL USERS INCLUDE:

    Ernst & Young
    National Education Association
    North Carolina Department of Commerce
    Sandia National Laboratories
    South Coast Air Quality Management District
    Tennessee Valley Authority
    Texas Comptroller
    University of Michigan
    Wyoming Department of Administration & Information

    REMI SOLUTIONS CENTER

    RELATED DOCUMENTATION

    PI+ VERSION 2.4

    Calculating Multipliers with the REMI Model
    Data Sources and Estimation Procedures
    Income Distribution
    Major Changes
    Model Equations
    PI+ User’s Guide

    PI+ VERSION 2.3

    Beta and Sigma Estimation Methodology
    Calculating Multipliers with the REMI Model
    Data Sources and Estimation Procedures
    Income Distribution
    Model Changes
    Model Equations
    PI+ User’s Guide

    PI+ VERSION 2.2

    Industries – Hierarchical v2.2
    Industry Comparison – Sector
    Industry Comparison – Hierarchical
    Demographic Component v2.2
    PI+ Changes v2.2
    PI+ Overview v2.2
    Consumption Categories – Hierarchical v2.2
    Consumption Categories – Detail Level v2.2
    Consumption Categories – Summary Level v2.2
    Income Distribution v2.2
    Industries – Detail Level v2.2
    Industries – Sector Level v2.2
    Industries – Summary Level v2.2
    Industry Comparison – Detail
    Industry Comparison – Summary
    Occupations – Detail Level v2.2
    Occupations – Hierarchical v2.2
    Occupations – Summary Level v2.2
    Data Sources and Estimation Procedures v2.2
    Comparing Employment Multiplier and Economic Migration Responses in Single vs Multi Region Models
    BEA vs BLS Value Added
    Comparing Business Cost Policy Variables
    Model Equations v2.2

    PI+ VERSION 2.1

    Consumption Categories – Hierarchical v2.1
    Data Sources and Estimation Procedures v2.1
    Demographic Component v2.1
    Economic Migration Equation Estimation v2.1
    Estimated Labor Force Participation Rates Elasticities v2.1
    Income Distribution v2.1
    Industries – Hierarchical v2.1
    Model Equations v2.1
    Occupations – Hierarchical v2.1
    PI+ Changes v2.1
    PI+ Interface Guide v2.1

    PI+ VERSION 2.0

    Consumption Categories – Hierarchical v2.0
    Data Sources and Estimation Procedures v2.0
    Demographic Component v2.0
    Income Distribution v2.0
    Industries – Hierarchical v2.0
    Investment Equation Estimation v2.0
    Model Equations v2.0
    Occupations – Hierarchical v2.0
    PI+ Changes v2.0
    PI+ Interface Changes v2.0
    Wage Compensation Earnings Rate Equation Estimation v2.0

    PI+ VERSION 1.7

    Consumption Equation Estimates v1.7
    Data Sources and Estimation Procedures
    Demographic Component of the REMI Model
    Government Spending Equation Estimation v1.7
    Housing Price Equation Estimation v1.7
    Income Distribution
    PI+ Changes
    PI+ Model Equations

    PI+ VERSION 1.6

    Data Sources and Estimation Procedures v1.6
    Data Sources and Estimation Procedures v1.6R
    Demographic Component of the REMI Model
    Income Distribution
    Occupations for PI+ – Hierarchical v1.6
    PI+ Changes
    PI+ v1.6 Model Equations
    REMI PI+ v1.6R
    Technical Documentation for Estimating Trade Flow Betas and Sigmas

    PI+ VERSION 1.5

    Data Sources and Estimation Procedures
    Demographic Component of the REMI Model
    Income Distribution
    New Residence Adjustment Calculation for PI
    PI+ Changes
    PI+ v1.5
    Technical Documentation for Household Forecast Project

    PI+ VERSION 1.4

    Comparison of Detailed Consumption Categories
    Comparison of Detailed Industries
    Comparison of Summary Industries
    Data Sources and Estimation Procedures
    Demographic Component of the REMI Model
    Income Distribution
    NAICS Industries for PI+ Hierarchical v1.4
    PI+ Changes
    PI+ v1.4 Model Equations
    Predicted Revenue & Expenditure Effects v1.4
    State and Local Government Employment and Final Demand

    PI+ VERSION 1.3

    Data Sources and Estimation Procedures
    Decomposing Policy Effects On Employment, Wages, and Prices By Income Groups
    Model Equations
    New Estimates of Speed of Adjustment
    New Estimates of U.S. Housing Price Elasticities
    Predicted Revenue & Expenditure Effects
    Reestimating The REMI Migration Equation Coefficients To Correct For Endogeneity
    Table of Major PI+ Changes – Policy Insight 9.5 through PI+ 1.3

    PI+ VERSION 1.2

    Amendment to Estimating Trade Flow Parameters
    Data Sources and Estimation Procedures
    Demographic Component of the REMI Model
    Detailed Industry Changes
    Estimating Trade Flow Parameters
    Income Distribution
    Industries
    Predicted Revenue & Expenditure Effects v.1.1.7
    State and Local Government Employment and Final Demand
    Table of Major Changes: Policy Insight 9.5 through PI+ 1.2
    Translator Methodology

    PI+ VERSION 1.1

    Consumption Categories
    Consumption Elasticities
    Detailed Industry Changes
    Industries
    Introduction to PI+ (for existing Policy Insight users)
    Model Equations
    New Estimates of Compensation Rate Elasticities for U.S. Models
    Occupations
    Version Changes

    PI+ VERSION 1.0

    Consumption Categories
    Consumption Elasticities
    Detailed Industry Changes
    Industries
    Introduction to PI+ (for existing Policy Insight users)
    Model Equations
    Occupations

    TranSight

    TranSight is the leading software solution for evaluating the total economic effects of transportation policy.

    REQUEST DEMO

    TranSight One Pager

    MODEL APPLICATIONS

    Grounded in over 20 years of modeling experience, decision-makers depend on TranSight to forecast the short- and long-term impacts of transportation investments on jobs, population, income, and other economic variables.

    Integrating economics with travel demand modeling, TranSight dynamically demonstrates how transportation makes economies competitive. With TranSight, users test alternative transportation changes and are able to observe the short- and long-term impacts on jobs, income, population, and other economic variables.

    TranSight drives home a single message: transportation is the locomotive of economic growth. This approach allows analysts to more fully describe the far-reaching economic and operational effects of transportation projects. By showing the effects of transportation improvement on jobs and economic development, TranSight gives you a voice in setting legislative priorities.

    TranSight is a sophisticated modeling tool that integrates travel demand models with the REMI model and is constructed with extensive data on emissions, safety valuation factors, and other data. As with PI+, TranSight is used by government agencies, consulting firms, and universities.

    MODEL USERS INCLUDE:

    AECOM
    Atlanta Regional Commission (ARC)
    Cambridge Systematics, Inc.
    Houston-Galveston Area Council (H-GAC)
    Illinois Department of Transportation
    Michigan Department of Transportation
    New York State Department of Transportation
    Southern California Association of Governments (SCAG)
    United States Army Corps of Engineers Great Lakes District

    REMI SOLUTIONS CENTER

    RELATED DOCUMENTATION

    TRANSIGHT VERSION 4.5: GUIDE

    TRANSIGHT VERSION 4.4: GUIDE

    TRANSIGHT VERSION 4.3: MODEL

    TRANSIGHT VERSION 4.2: GUIDE

    TRANSIGHT VERSION 4.0: START

    TRANSIGHT VERSION 4.0: MODEL

    TRANSIGHT VERSION 3.6

    TRANSIGHT VERSION 3.3

    TRANSIGHT VERSION 3.1

    TRANSIGHT VERSION 2.1

    Tax-PI

    The prime tool for evaluating the dynamic economic and fiscal effects of tax and other policy changes.

    REQUEST DEMO

    Tax-PI One Pager

    MODEL APPLICATIONS

    Based on over 30 years of modeling experience, Tax-PI is a ready-to-use dynamic fiscal and economic impact model which captures the direct, indirect, and induced fiscal and economic effects of taxation and other policy changes over multiple years (up to 2060).

    As states begin to demand better methods for estimating the economic and fiscal impacts of alternative tax scenarios and creating state budgets, they look to experts to respond with sophisticated, flexible, and relevant tools that can meet their needs. States need to thoroughly evaluate both the short- and long-term effects of any tax changes in order to best serve the people. Tax-PI allows government agencies to perform various economic analyses, including budget forecasting, with a model backed by years of dependability and experience.

    As the only widely-available dynamic model, decision-makers rely on Tax-PI to demonstrate the economic and fiscal impacts of policy on local and state budgets. As a result, Tax-PI informs and guides policy decisions based on their economic and fiscal impact, such as: state and local tax changes, state and local fiscal budgets, and education and infrastructure investments.

    MODEL USERS INCLUDE:

    Alaska Department of Revenue
    Illinois Department of Commerce
    Louisiana Department of Revenue
    Massachusetts Department of Revenue
    National Education Association
    New York State Division of the Budget
    Texas Legislative Budget Board
    Washington State Legislature

    REMI SOLUTIONS CENTER

    RELATED DOCUMENTATION

    Tax-PI VERSION 2.5

    TAX-PI VERSION 2.4

    TAX-PI VERSION 2.3

    TAX-PI VERSION 2.2

    TAX-PI VERSION 2.0

    TAX-PI VERSION 1.3

    TAX-PI VERSION 1.0

    E3+

    E3+ is the premier software solution for analyzing the macroeconomic and demographic impacts of any initiatives related to the energy and environmental sectors.

    REQUEST DEMO

    E3+ One Pager

    MODEL APPLICATIONS

    Environmental policies are designed for purposes such as reducing emissions, controlling water pollution, and limiting greenhouse gases. Although the primary purpose of these regulations is generally non-economic, they often have a significant influence on economic activity.

    Energy powers our economy. Electricity keeps our machines humming; gas and oil drive our vehicles and fly our airplanes; and many sources of BTU’s heat and cool our homes, schools, offices, and factories.

    Keeping that in mind, decision-makers rely on E3+ to provide comprehensive evaluations of the total economic impact of altering electric rates, introducing new power sources, investing in the production of energy, and other policy changes.

    Energy-generating industries are an important input to other industries, as well as a sector in their own right. Energy analyses, therefore, often focus on the total economic impact of changing electric rates, introducing new power sources, and investing in the production of energy.

    E3+ provides total economic impact analyses of energy-generating and environmental industries that inform and guide critical energy and environment policy at the local, state, and national levels.

    MODEL USERS INCLUDE:

    AECOM
    Arizona State University
    FTI Consulting, Inc.
    National Grid
    Sandia National Laboratories
    University of Colorado Boulder

    REMI SOLUTIONS CENTER

    RELATED DOCUMENTATION

    E3+ USER'S GUIDE

    E3+ BASE MODEL

    E3+ CHANGES