Scott Nystrom – The Demographic Forecast in the REMI Model: State-by-State Drivers to 2030

[Slides]The Demographic Forecast in the REMI Model: State-by-State Drivers to 2030 – Scott Nystrom, FTI Consulting, Inc.

[Recording]The Demographic Forecast in the REMI Model: State-by-State Drivers to 2030 – Scott Nystrom, FTI Consulting, Inc.

Labor force participation rate has been trending downward since 2010 and there are many factors that will affect the national workforce in the next ten years. Populations will shift, necessary skills will change, and detailed analysis has the ability to forecast what the demographic landscape might look like as a result.

Please feel free to join REMI for a guest webinar, “The Demographic Forecast in the REMI Model: State-by-State Drivers to 2030,” on Tuesday, September 17th from 2 to 3 p.m. (ET), with an encore presentation on Thursday, September 19th from 2 to 3 p.m. (ET), that will be presented by Scott Nystrom, Senior Director at FTI Consulting, Inc.

For this discussion, Mr. Nystrom will be describing the methodologies underlying the demographic portion of the REMI model and how it projects state-by-state population from the present through 2030. He will explain how the model handles natural change, special populations, and migrations of various types, including economic migration, retired migration, and international migration.

After the explanation of the model’s capabilities, this guest webinar presentation will examine how those various factors influence each state differently through the model’s baseline forecast over the next decade. It will serve as an overview on many of the technical details of demographic forecasting in the REMI model for interested parties and those curious about how their state’s population changes going forward.

Shah Dabirian, Ph.D. & Paul Stroik, Ph.D. – Modeling Amenity in REMI

[Slides]Modeling Amenity in REMI – Peter Evangelakis, Ph.D., REMI

[Slides]Treatment of Non-market Benefits in REMI Model – Shah Dabirian, Ph.D. & Paul Stroik, Ph.D., South Coast Air Quality Management District

[Recording]Modeling Amenity in REMI – Shah Dabirian, Ph.D. & Paul Stroik, Ph.D., South Coast Air Quality Management District

The main focus when improving air quality tends to be protecting public health, but enhancing the best practices associated with cleaning our air supply can have economic benefits as well.

Please feel free to join REMI for a guest webinar, “Modeling Amenity in REMI,” that will be presented by Paul Stroik, Ph.D., Air Quality Specialist from the South Coast Air Quality Management District (South Coast AQMD) on Wednesday, August 7th from 2 to 3 p.m. (ET) that assesses the effects of adjustments made to amenity value when modeling air quality projects.

The South Coast AQMD used the REMI model to evaluate the regional benefits of expected air quality improvements. Researchers were able to simulate air quality improvements by changing amenity value within the REMI software, which generates the costs and benefits of proposed measures and upgrades.

Dr. Stroik’s presentation explores how the South Coast AQMD applied alterations in amenity value due to local air quality improvements and analyzed the regional macroeconomic impacts of its air quality management plans. This discussion will include descriptions of the methodological approaches used, as well as the key economic results discovered with the help of dynamic economic modeling.