ITEM club: Difference between revisions - Wikipedia


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Club Item es una asociación hecha para todo tipo de personas donde comparten juegos, actividades, y más, a través de tan solo una página web www.clubitem.jimdo.com

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ITEM significa Integración Total y Especial de Miembros.

The '''ITEM club''' or '''Independent Treasury Economic Model''' is an economic forecasting group based in the United Kingdom. It produces quarterly forecasts, which are often mentioned in the UK news media. It was founded in 1977 and is sponsored by [[Ernst & Young]] a leading firm of business and financial advisers with some 72,000 staff in 130 countries. Founded in 1977, ITEM is said to be independent of any political, academic or commercial bias. Its independence is underpinned by the untied sponsorship of Ernst & Young. The club is described as the "Ernst & Young ITEM Club" in media coverage.

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The UK model is used by HM Treasury for its policy analysis and biannual Industry Act forecasts for the Budget. This enables ITEM to explore the implications and unpublished assumptions behind Government forecasts and policy measures. Uniquely, ITEM can test whether Government claims are consistent and can assess which forecasts are credible and which are not.

John Gaster is their chief economist, taking over from Paul Droop. Gaster began his career at the Bank of England, and more recently an economist and forecaster at Oxford Economic Forecasting.

==References==

* [http://www.ey.com/UK/en/Issues/Business-environment/Financial-markets-and-economy/Economic-Outlook---What-is-ITEM-Club What is the Item club] Ersnt & Young website (retrieved 24 July 2009)

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