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Rachel Beaven Director BSc (Bath) |
Rachel Beaven leads on the operation and development of CE's Multisectoral Dynamic Model (MDM). This work has included responsibility for the maintenance and development of the model's extensive database, with detailed sectoral and regional disaggregation, and for the estimation and updating of the model's parameters. She has primary responsibility for the implementation of CE's regular forecasts, interacting with the sector and regional specialists to compare their views with those represented in the model, determining whether these views are consistent with the overall macroeconomic outlook, and introducing changes to the forecast where appropriate. She has undertaken a variety of impact studies and simulation exercises to prepare scenarios in which the effects of various sets of alternative assumptions are modelled. Recent examples include a series of model simulations to investigate alternative scenarios for future skills needs for HM Treasury and the Leitch Review of Skills; modelling combined heat and power options for the UK for the Department of Trade and Industry; examining the impact of the Climate Change Levy for HM Customs and Excise; detailed analysis of labour market projections for the Sector Skills Development Agency (SSDA).
She also manages projects to apply econometric modelling techniques to the analysis of specific issues. Recent examples include: a study for the Department for Transport to identify how people's choice of which car to purchase responds to changes in: the purchase price of cars; the fixed costs of motoring (eg insurance, vehicle excise duty); and the variable costs of motoring (eg maintenance, fuel costs); a study for the SSDA into the feasibility of using statistical modelling to inform the longer term evaluation of the Skills for Business Network; a study for the UK Film Council of the economic impact of the screen industries in the UK; a study for the Department for Education and Skills using econometric modelling to assess the impact on performance of the Further Education Colleges Standards Fund; a study for the DTI Future & Innovation Unit assessing the contribution of medium-sized firms to economic performance and the factors influencing that contribution; a study for the Director General of the Research Councils modelling the economic impact of information and communications technologies and biotechnology with a five-year forecast horizon; and a study for the BBC analysing the factors determining the evasion rate for television licences.
Rachel also presents and assists with the development of CE's group-based econometrics training courses held at clients' offices in and around the UK. She has also published sectoral studies for the motor vehicles and aerospace sectors as part of CE's European Sectoral Prospects publication.
Image scanned from photograph taken by Dorothy Hahn
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