Oireachtas Joint and Select Committees

Wednesday, 22 June 2016

Committee on Arrangements for Budgetary Scrutiny

Engagement with Economic and Social Research Institute

10:00 am

Professor Alan Barrett:

I will be honest and say I am slightly out of date with regard to the European Commission model. We do not tend to engage in a model-on-model sort of interaction with the European Commission. When Commission officials come to Dublin to do assessment exercises and forecast rounds, etc., they meet representatives of the ESRI and we discuss the output of our model. The Commission certainly has its own models. I think one of them is called the QUEST model or something like that. I am not necessarily aware of conversations between the ESRI and the European Commission on modelling issues specifically.