The document describes the economic and demographic modeling capabilities of the Institute for Research in Training & Development led by Rose Baker and David Passmore. The Institute uses the REMI PI+ model to provide economic and demographic forecasting from 1990 to 2050 at the 3-digit NAICS sector level, as well as fiscal forecasting and analysis through the REMI Tax-PI model. The REMI models can be delivered within 5 days and calibrated for a region within 4 weeks to analyze budget and policy changes.

1. Economic & Demographic Modeling Assets & Capabilities Rose Baker David Passmore Institute for Research in Training & Development

2. Institute for Research in Training & Development Rose Baker Assistant Professor of Workforce Education & Development / Research Associate in Office of Associate Dean for Research, Outreach, &Technology David Passmore Professor of Workforce Education & Development / Director of Institute

3. More @ http://Oct7-PSU.notlong.com

4. Information Elements Available from Institute(http://Oct7-PSU.notlong.com)

5. Economic & Demographic Forecasting & Modeling with REMI PI+

6. Economic & Demographic Forecasting with REMI PI+

7. Economic & Demographic Forecasting with REMI PI+ 1990–2008 historical 2009–2050 forecasted Input–output model at core 3–digit NAICS sector detail Structural accounting and forecasting of components that feed into core model Articulated & calibrated with U.S. REMI Policy Insight Model Rationalizes wide range of data sources Links migration to economic change Full accounting of forces of demography in 880 age/sex/race groups

8. Economic & Demographic Modeling with REMI PI+

9. Fiscal Forecasting & Analysis with REMI Tax-PI Calibrate the budget Line items for revenue from state budget Enter revenue for region Sources of revenue

10. Fiscal Forecasting & Analysis with REMI Tax-PI Calibrate the budget Enter expenditures for region Line items for expenditures from state budget Drivers of expenditure

11. Fiscal Forecasting & Analysis with REMI Tax-PI Analyze budget policy changes Make budget changes in model

12. Fiscal Forecasting & Analysis with REMI Tax-PI Calibrate the budget Simulate impact of changes

13. Kansas Department of Revenue Mississippi Institute for Higher Learning Florida Legislative Fiscal Office Louisiana Department of Revenue Users of REMI Tax-PI Tax-PI recently released ¸20 states adapt REMI Policy Insight for tax analysis REMI Policy Insight can be delivered in 5 days REMI Tax-PI has taken about 4 weeks to calibrate

14. Economic & Demographic Modeling Assets & Capabilities Rose Baker David Passmore Institute for Research in Training & Development