How to model macro assumptions

The Macro tab is its own set of scenarios, independent of Demography and Pensions. It’s a shared layer — any program’s Finance pass (Pensions today; Disability and Long-term care later) can pin a Macro scenario and build on it. See how the model works for where it sits in the pipeline.

What it models

Four drivers, each projected as a “ramp to target” path from the latest historical value:

• GDP growth and Inflation — each with its own target level and ramp length (years to reach it).
• Wage growth and Pension growth — track a “basis” driver (GDP or CPI) via a pass-through coefficient, rather than an independent target — e.g. wage growth set to 80% of GDP growth.
• GDP level — the absolute nominal size of the economy (EUR) for the base year, compounded forward by the GDP growth path above; it isn’t targeted independently.

Using it

Change any target, ramp, or coefficient, then Add scenario to add it to the Macro scenario list, and pin it (📌) to make it available as a base for a Pensions/Finance scenario. Like every other layer, you can run several Macro scenarios side by side, Save one to your account, Share it, and export its series as CSV — see saving and sharing.