This training is part of a broader Collaboration Agreement between the JRC and the DG Statistics and the DG Economics of the European Central Bank (ECB). It will promote the development of a version of EUROMOD running with the ECB-released data on Household Finance and Consumption (HFCS) and the adoption of EUROMOD among the ECB and national central bank analysts.

This collaboration agreement holds significant importance, as it will expand both the capabilities of EUROMOD and its usage for evidence-based policymaking. The recent research paper "Inflation, Fiscal Policy and Inequality", stands as an example of the latter.