Study: Design and prototype for the input-output based suite underpinning spillover under the MIP (project)

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Study: Design and prototype for the input-output based suite underpinning spillover under the MIP

Client/Funding Institution

European Commission, DG Economic and Financial Affairs

Abstract

This study helped ECFIN B1 to prepare the ground for updating and improving the analytical framework for MIP spillover assessment required by Regulation (EU) 1176/2011 Art 5(2). Ecfin seeked to develop and implement a "future spillover tool" in 2023, a novel input-output tool capable of nowcasting value-added exposures in sync with Ecfin forecasts and allowing extensions to answer policy-driven research questions. Ecfin-B1 aimed to acquire the elements for such a tool through a competitive process.