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Micromacro Consultants
Micromacro Consultants
Start Who is MMC? Photo's Macroabc/MicromacroSim

Who is MMC?   
Update August 2016


Micromacro Consultants BV
C. Jolstreet 50 ~ 2584 ET The Hague, the Netherlands
Dial +31 (0)70 3523832
E-mail: mmc@bart.nl
Home Page: www.micromacroconsultants.com 
KvK nr. 27150586  BTWnr. 8055.72.211  Bank NL21ABNA0431782490

Micromacro Consultants, abbreviated MMC, has a long experience in macro modeling in many countries, starting in The Netherlands and Suriname and later in many other countries, see below. And for Kenya, Ethiopia, Namibia, Zambia, Curaçao, Aruba, Indonesia, Poland, Macedonia, Sint Maarten, MMC has organized also study visits to the Netherlands.  See at www.micromacroconsultants.com  photo’s of MMC in action and shareware models and reports of study visits.  Also a brief paper on ten ‘’sleeping’’ and ten running macroabc models can be found there.

 Together with the local counterparts MMC has build macro models in 15 countries in 4 continents, most of the time by training on the job.  Starting with Suriname (1991- present) and Netherlands (1995), then Curaçao (1995- present), Poland (1996-1997), EU15 (Euralyse 2000), Indonesia (2000-2005, 2012), Kenya KIPPRA (2000-2004, 2012-present), Kenya PBO (2012, 2013), Ethiopia (2003-2004), Namibia (2005, 2011-present), Ukraine (2009), Rwanda (2009, 2010), Zambia (2008- present), Aruba (2005-2008, 2011), Macedonia (2003 and 2007), Model Macroabc_UN_X (2011-2012), Sint Maarten (2011-2013). The last country in collaboration with www.calmera.nl  

In the case of Kenya, economists from the Kenyan Institute of Public Policy Research and Analysis (KIPPRA) were even trained on such a level that KIPPRA now regularly provides training in its macro model to economists of other African countries.

MMC employs a small staff and around fifteen free lance short term specialist. 

Our method is a mixture of one-week visits of MMC specialists on the spot, visits of two weeks of counterparts to The Hague (with every morning a workshop with another specialist) and telework and Skype in between (co-operation with counterpart, preparation of test versions and documentation). The mixture of visits on the spot, visits to the Netherlands and telework has been different in every country, depending on the wishes of that country.

 The macroabc models are based on data for Real Sector (National Accounts), Fiscal Sector (Government Budget), External Sector (Balance of Payments), Monetary Sector (Monetary overview), and Households Sector (Data from Household Surveys). The Macroabc models run in Excel and are close to Financial Programming of IMF, but macroabc has as extra’s: consistency in and between sectors thanks to explicit statistical discrepancies; behavioural equations and some coefficients are assumptions that can be changed; a household sector and module that translates macro output into the change in share of population below the poverty line.  See for photos of workshops and shareware models: www.micromacroconsultants.com

To demonstrate what Macroabc is we give, from the many running macroabc models, the one  for pilot Country “X” as an example:

This model was made by MMC in 2011-2012 and the whole model was set as shareware on the homepage of the United Nations on 25th October 2012, including a Manual, and a Paper and virtual workshop as explanation. This model can freely be used by other countries, only the source needs to be proper acknowledged.

 See for a shareware version of Macroabc_UN_X on the homepage of the United Nations: http://esango.un.org/ldportal/graduation From there three files can be downloaded:

1)  The paper 'Aid scenarios'   
2)  The Macroabc UN model  (this can take a few minutes to download)
3)  A Virtual Workshop explaining how to run the model (this can take some minutes).

 Such a Macroabc_UN_X can rather easily be made for other countries, using the macro time series as available on imf.org appendix to Art. IV mission IMF report, National Accounts on homepage of statistical office of the country, that also can be asked for data from Households Survey.  Then first the part of the model concerning the past can be made, and after that the behavioral equations of pilot Country ”X” can be adapted using the knowledge of local experts and time series analysis.  You can ask also some support from MMC consultants and macroabc experts from the many countries that have already running macroabc models.

If you need more information, please do not hesitate to ask us (mmc@bart.nl) 

 See on www.micromacroconsultants.com actual photo’s of our model projects in action.